Match Group

Stories

Bumble agrees to $1.3 billion take-private deal with Ithaca Holdings

Bumble's main competitor; owns Tinder and Hinge

Bumble stockholders have approved the company's $1.3 billion sale to Ithaca Holdings, delivering written consent on the day the merger agreement was signed. The stock now trades just below the offer: shares rose to $5.95 on October 13, more than double the $2.56 close on October 9.

Updated Oct 22

Federal Trade Commission settles with Match Group over OkCupid's secret data pipeline to a facial recognition firm

Rule Changes

As of May 2026: Defendant; settled without admitting or denying wrongdoing

In 2014, OkCupid quietly funneled nearly three million user photos, along with demographic and location data, to Clarifai, a facial recognition startup backed by OkCupid's own co-founders. Users never consented, and OkCupid's privacy policy said this wouldn't happen. When a New York Times article exposed the arrangement five years later, OkCupid publicly denied it.

Updated May 30