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    TINDER CEO

    Tinder looks to spice things up with new feature to double date with your friends

    Tinder has launched a new Double Date feature, letting users pair up with a friend to meet other duos. Aimed at Gen Z, the update is part of efforts to boost engagement. Currently, though only available in the US and select markets, it’s set for global release in July amid wider challenges in the online dating industry.

    Tinder CEO Faye Iosotaluno to step down in July

    Tinder parent Match Group's CEO, Spencer Rascoff, in a LinkedIn post said he would step in to lead the Tinder team. "Tinder is in great hands with Spencer and the leadership team," Iosotaluno said in her LinkedIn post, where she announced her departure. Rascoff was appointed Match CEO in February, with a focus on tackling a slowdown in user engagement.

    Tinder CEO Faye Iosotaluno steps down in latest shakeup at Match Group

    Faye Iosotaluno, Tinder's Chief Executive Officer, will leave her position in July. This follows other executive changes at Match Group. Spencer Rascoff, Match Group CEO, will lead Tinder temporarily. The company aims to revive Tinder's revenue growth by 2027. Match Group recently reduced its workforce by 13%. Iosotaluno expressed interest in supporting women leaders.

    Tinder parent Match cuts 13% of workforce, forecasts revenue above estimates

    Match Group forecasted Q2 revenue above estimates and announced a 13% workforce reduction to cut costs amid a business revamp. Under new CEO Spencer Rascoff, it’s introducing AI features and Gen-Z-focused tools like “double date” to boost engagement and counter industry-wide user slowdown.

    Tinder parent Match rebuffs Anson Funds, names ecommerce veteran to board

    Anson Funds has blamed the board for the company's underperformance, and has pushed the company for over a year to rethink capital allocation, cut costs, and consider a strategic review of its MG Asia business.

    Tinder-parent Match names insider Steven Bailey as new CFO

    Steven Bailey will replace incumbent Gary Swidler, who has been in the role for nearly a decade, on March 31. Swidler would, however, continue as the president of Match.

    The Economic Times
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