Bumble CEO Whitney Wolfe Herd. Getty/Vivien Killilea Once a victim of online harassment, Whitney Wolfe Herd is working to make the internet a kinder place for women with female-led dating app Bumble. Before Bumble, Wolfe Herd cofounded rival dating app Tinder, but left the company two years later and filed […]
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Airbnb has filed to go public as the pandemic rages on
The company filed its long-awaited IPO paperwork Monday, revealing that it turned a profit of $219 million in the third quarter of this year, on $1.34 billion in revenue. By comparison, it made $227 million in profit during the same quarter last year on $1.65 billion in revenue. The third […]
A running list of companies that have filed for bankruptcy during the coronavirus pandemic
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. For some, the pandemic was a chance to open a new chapter. But for many businesses, the swift and stark economic shutdown led straight to Chapter 11. “We are […]
1.48 million people filed for first-time unemployment last week, worse than predictions
Around 1.48 million people filed for initial unemployment benefits last week, the 14th consecutive week that states have processed over a million first-time applications — and a larger weekly figure than economist predictions of 1.35 million. While the figures for the week ending June 20 are a far cry from […]