Thursday, May 8, 2025, 9:20 am
In a strategic restructuring aimed at streamlining operations, Match Group announced a 13% workforce reduction. Despite the layoffs, the company forecasts revenue above expectations, underscoring efforts to optimize costs in a fiercely competitive digital dating arena.
Dating app giant Match Group is laying off 13% of its staff as part of a reorganization that aims to reduce costs and simplify its organizational structure.
Tinder parent Match cuts 13% of workforce, forecasts revenue above estimates Reuters
permalink / 2 stories from sources in 45 hours ago #earnings #business #recession #jobs
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...
NASA abruptly scrapped plans to secure a commercial partner for its VIPER rover mission, leaving its lunar ambitions in a sort of orbiting limbo. The cancellation of the solicitation has caused a stir among space enthusiasts, as the high-profile project now faces an uncertain future—and a delayed lunar trip. More...
U.S. Customs and Border Protection is set to capture every face of drivers leaving the country with high-tech facial recognition that matches travelers against their passports. The agency’s ambitious plan has security officials applauding while privacy advocates raise an eyebrow at this unprecedented surveillance move. More...
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