Financial Markets

TINDER STEPS BACK FROM METAVERSE DATING PLANS AS BUSINESS FALTERS

Tinder CEO Renate Nyborg, Tinder's first female CEO, is leaving the company. Match Group says it's scaling back its plans for Tinder's "Tinderverse" feature. The company also announced it's scrapping plans to offer an in-app Tinder Coins currency. CEO Bernard Kim says he's instructed Hyperconnect to scale back from its acquisition of Hyperconnect. Tinder shares fell 22 percent in extended trading on Tuesday.
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