Bumble Inc

Ever had one of those moments where you realize the only way forward is to build something better yourself? That’s the heart of Swiped, the upcoming Hulu film that follows Whitney Wolfe Herd’s journey from co-founding Tinder to creating Bumble, an app that flipped the online dating script by putting women in control.

In the film, Lily James steps into the role of Whitney, a recent college grad stepping into the high-energy, male-dominated tech world. At first, she’s part of the Tinder team—only to find herself navigating toxic workplace politics and misogyny that no one should have to endure. When those walls close in, Whitney doesn’t just walk away. She reimagines what a dating app could be and launches Bumble, building not just a company but a safer, more empowering space for women. The twist? That bold move eventually makes her the youngest female self-made billionaire.

Dating app Bumble announced that it was cutting almost 30 percent of its global workforce, shaking up the company while its userbase continues to decline.

According to its new CEO Whitney Wolfe Herd, who’s back heading up the struggling company she founded, Bumble will be focused on returning to leaner operations to drive growth, according to The Guardian. The company will be cutting 240 roles globally in efforts to turnaround its sinking stock price.

Bumble shares rallied 24 percent during early trading the day after the announcement.

Bumble appears to be matching its users with people they have already blocked, according to a report from Rolling Stone.

The app has come under fire after this practice came to light over social media. According to Rolling Stone, professor Jennie Young at University of Wisconsin-Green Bay, who specializes in rhetoric and gender studies, shared a post on Instagram with a screenshot from Bumble’s support center after asking them why she was matching with users she previously blocked.

“Bumble will show you people you have swiped left/blocked on in the past — in case you have changed your mind,” the screenshot captured of Bumble's response.  

Randian Capital, an activist investor in Bumble, is urging the company to follow its “turnaround plan,” which also includes a potential sale.

The investor group spent six months analyzing Bumble’s business practices and is advocating for drastic change to be made because “the current trajectory is not working,” according to sources who spoke to Investing.com.

When asked about potential buyers, Randian mentioned one interesting company – Meta, which owns Facebook, Instagram, and WhatsApp, and dominates the social media market. Meta is also currently the subject of an SEC investigation into the nature of its previous mergers, which are alleged to violate anti-trust laws, due to some internal correspondence among its executives.

Dating app Hinge announced that it is adding a $1 million fund for in-person events and social group gatherings in New York, Los Angeles, and London.

According to CNBC, the money is to subsidize free or lower cost events to attract young people. The fund is part of their One More Hour social impact initiative which the company launched last year. Hinge says it recognizes Gen Z’s need for more tangible ways to connect than just over a dating app, and wants to create more spaces for them to get together.

The groups will focus on a range of activities that include food, nature, and reading, for example. The purpose of the groups is to highlight an interest to attract people and give them something to do while they are meeting other people, taking the pressure off.

Bumble announced it has added ID Verification in addition to other new safety-related features to attract singles back to its app.

The new verification feature lets users submit a photo of a government-issued ID to prove they are who they say they are, and then they can earn a verified badge for their profile, according to Tech Crunch.

The female-centered app is appealing its core demographic with the announcement – focusing on its female clientele who are looking for more safety features on dating apps. ID Verification is available in 11 countries, including the U.S., U.K., Australia, France and India. The company intends to roll out in more countries in the coming months, according to The Seattle Times.