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Bumble to cut about 350 roles, forecasts weak first-quarter revenue

UPDATE 5-Bumble to cut about 350 roles, forecasts weak first-quarter revenue Adds details from the conference call in paragraph 5 and analyst comment in paragraph 6 By Jaspreet Singh Feb 27 (Reuters) - Bumble BMBL.O said on Tuesday it would cut about 350 roles, marking new CEO Lidiane Jones' first big move, after the online dating company forecast disappointing first-quarter revenue as it grapples with a slowdown in user spending.

Bumble forecasts first-quarter revenue below estimates

Bumble forecasts first-quarter revenue below estimates Feb 27 (Reuters) - Bumble BMBL.O forecast first-quarter revenue below Wall Street estimates on Tuesday, anticipating stiff competition from Tinder-parent Match Group amid slowing user spend on dating apps in an uncertain economy. The dating firm, which operates its eponymous app, expects first-quarter revenue between $262 million and $268 million, compared with analysts' average estimate of $277.9 million, according to LSEG data.

What to Watch in the Day Ahead - Tuesday, February 27

What to Watch in the Day Ahead - Tuesday, February 27 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT The Commerce Department's Census Bureau is expected to report a likely 4.5% decline in orders for durable goods for January.

Column: Elon Musk gets some guidance from a Delaware judge on how to ditch the state

CORRECTED-Column: Elon Musk gets some guidance from a Delaware judge on how to ditch the state Corrects professor Jill Fisch's name in paragraph 18. The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel Feb 21 (Reuters) - If Tesla CEO Elon Musk is serious about moving the electric car company out of Delaware and reincorporating in Texas , he got good news yesterday from a judge in Delaware Chancery Court.

Match Group Teams Up with OpenAI

BRIEF-Match Group Teams Up with OpenAI Feb 21 (Reuters) - Match Group Inc MTCH.O : MATCH GROUP TEAMS UP WITH OPENAI Source text for Eikon: ID:nPn89Mtkya Further company coverage: MTCH.O


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