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Mark Zuckerberg Suggested AI Avatars Could Be Your Friends, Hinge Founder Justin McLeod Says Meta CEO Is 'Playing With Fire'
Thursday, June 26, 2025 - 12:08am | 509Hinge founder Justin McLeod says Silicon Valley's push to offer artificial-intelligence “friends” risks worsening, not curing, the loneliness crisis and likened Mark Zuckerberg's vision of AI companionship to eating junk food. What Happened: “He [Zuckerberg] said we're going to...
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Tinder Parent Match Group Cuts 13% Of Workforce After Earnings Miss, Taps Gen Z Features Like 'Double Date' To Spark Growth
Friday, May 9, 2025 - 3:51am | 657Dating app giant Tinder, Hinge, and Match.com’s parent company, Match Group Inc. (NASDAQ:MTCH), missed estimates but announced restructuring plans spearheaded by new CEO Spencer Rascoff during its first quarter earnings call. What Happened: Rascoff unveiled a strategy focused on unifying the...
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Match Group Divides Analysts Following Earnings: New Management 'Likely To Be Well Received'
Thursday, February 6, 2025 - 3:01pm | 430Online dating apps have struggled amid lulls in growth and user frustration with the services. Amid a change in leadership at Match Group Inc (NASDAQ:MTCH), two analysts have mixed feelings about the Dallas-based company’s prospects in 2025. The Match Group Analysts: On Wednesday, the...
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Match Group, Bumble's Growth Stalls: Analyst Warns Of Challenging 2025
Friday, January 10, 2025 - 9:52am | 482The online dating industry may have hit its roughest patch yet. With global online dating spend flatlining at a projected 0% growth in 2025, JPMorgan analyst Cory Carpenter sees stagnation stemming from a lack of innovation and waning interest among younger users. While AI promises a future of...
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Tinder Finds Its Groove, Bumble Fumbles As Online Dating Sector Sees Mixed Q2 Results: JPMorgan
Wednesday, September 4, 2024 - 8:18am | 514The online dating industry had a somewhat awkward second quarter. Global spending showed a modest 3% year-over-year growth — in line with JPMorgan analysts’ expectations. Cory A Carpenter, Daniel Pfeiffer and Doug Anmuth shared their views on the online dating industry in the light of the...
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Elliott Management Raises Stakes On Online Dating, E-Commerce, Airline Bets: What Investors Should Know
Thursday, August 15, 2024 - 1:24pm | 1186Activist fund Elliott Management has made several moves in 2024 including targeting coffee chain Starbucks Corporation (NASDAQ:SBUX), which recently announced a new CEO. A new 13F filing reveals three other key areas Elliott is increasing focus on. Match Group: Online dating company Match Group Inc...
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Match Group's BLK Teams Up With GIPHY To Launch 'BLKmojis' On World Emoji Day
Wednesday, July 17, 2024 - 9:00am | 566On Wednesday, in celebration of World Emoji Day, BLK, the world's largest dating and lifestyle app for the Black community, is teaming up with GIPHY to launch ‘BLKmojis'—a vibrant collection of emojis and GIFs celebrating Black culture and its influence on social media. Match Group’s BLK...
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Swipe Right On Bumble: Analyst Shares Q4 Insights Amid Leadership Changes
Monday, February 26, 2024 - 9:48am | 518Dating and social networking app Bumble (NASDAQ:BMBL) will report its fourth-quarter earnings on Feb. 27. Wall Street expects 11 cents in EPS and $275.29 million in revenues as the company reports after market hours. The company’s stock is down 11% so far this year, while rival Match Group (...
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Want To Score A Date On Hinge? CEO Has This Tip That Can Boost Your Chances By More Than 40%
Friday, December 29, 2023 - 9:38pm | 519For those seeking to up their dating game on Hinge, the CEO has a tip – try sending a voice message. As per the chief executive’s advice, this move could boost the likelihood of securing a date by a substantial 40%. What Happened: Justin McLeod, CEO of Hinge, disclosed in a Financial...
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Match Group's Stock Crashes On Weak Outlook: These Analysts Look At Company's Prospects
Wednesday, November 1, 2023 - 12:26pm | 574Match Group Inc (NASDAQ: MTCH) shares tanked in early trading on Wednesday, after the company reported its third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. KeyBanc Capital Markets On Match Group Analyst Justin...
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Why JPMorgan Is Falling For Match Group, Despite Stock's Recent Weakness
Thursday, February 4, 2021 - 5:54pm | 422Match Group Inc (NASDAQ: MTCH), the online dating space, offers investors a secular growth story and shares should be bought by investors after the stock's weakness in 2019, according to J.P. Morgan. The Match Group Analyst: Cory Carpenter upgraded Match Group's stock rating from Neutral to...
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Apps Like Pinterest, Twitter, Netflix See Surge In Downloads During Coronavirus
Thursday, July 2, 2020 - 2:41pm | 504With few entertainment options during the coronavirus pandemic, locked-down mobile users around the globe turned to app stores. Global Google Play downloads spiked 35% year-over-year and 18% sequentially in the second quarter, with net in-app revenue rising 18% and 5%, respectively. Downloads of...