Bumble jumps 15% as dating company plans to axe 30% of workforce
CNBC· 2025-06-25 13:08
DANA POINT, CALIFORNIA - SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media)Bumble shares rallied more than 15% Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles.The layoffs will result in $13 million to $18 million in charges for ...
Synchronoss Technologies secures EU-US data privacy framework certification
Proactiveinvestors NA· 2025-06-25 13:06
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Alpine Looks Cheap, But Triple Net Peers Are Better
Seeking Alpha· 2025-06-25 13:05
Alpine Income Property Trust (NYSE:PINE) could be considered a compelling value play with a nearly 12% AFFO yield that easily funds its 7.6% dividend. However, a variety of problems and risk factors make it lower quality than peers, which are only slightly more expensive. This article will examine the extreme value of PINE as well as the challenges the company may face over the next few years. If events play out in certain ways, PINE could become opportunistic, so we will discuss what could change that woul ...
Can Strategic Funding Deals Keep Affirm Ahead in the BNPL Space?
ZACKS· 2025-06-25 13:05
Key Takeaways AFRM renewed its long-term capital partnership with MSC, extending their funding deal through May 2027. Moore has invested nearly $5B in AFRM's assets via flow agreements and securitizations since 2017. AFRM's funding capacity hit $23.3B, supported by 24 securitizations and over 150 capital partners.Affirm Holdings, Inc. (AFRM) has extended its long-term capital partnership with Moore Specialty Credit (“MSC”), the private asset-backed finance platform of Moore Capital Management. The renewed ...
Worksport Nano-Grid System Selected for Pilot by Top US Construction Group
Globenewswire· 2025-06-25 13:05
Top 25 U.S. Construction and Energy Contractor To Purchase Worksport’s SOLIS Solar Tonneau Cover and COR Portable Energy System for Initial Pilot West Seneca, New York, June 25, 2025 (GLOBE NEWSWIRE) -- Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce a commercial-use pilot project with a leading US construction firm that has a ...
Sprout Social Wins Top Industry Awards for Product Excellence, Customer Satisfaction and Global Impact
Globenewswire· 2025-06-25 13:01
Core Insights - Sprout Social has been recognized with 164 leader badges in G2's 2025 Summer Reports across all business segments and regions, highlighting its strong market presence [1][5] - The company ranked 1 in 33 individual G2 reports, including key categories such as the Enterprise Grid Report for Social Media Suites and the Grid Report for Social Customer Service [2][5] - Sprout Social received eight awards in the TrustRadius 2025 Top Rated Awards across various categories, including Social Media Customer Service and Social Media Marketing [3][5] Company Performance - The recognition from G2 and TrustRadius reflects the meaningful results achieved by customers using Sprout Social's platform, emphasizing its effectiveness in social media management [4] - Recent product innovations and advanced AI capabilities have contributed to Sprout's strong performance, including new features in Care by Sprout Social and Sprout Social Influencer Marketing [4] - Customer feedback highlights the platform's robust reporting features, intuitive interface, and collaboration tools, which enhance marketing efforts and streamline team operations [4] Market Position - Sprout Social has established itself as a global leader in social media management and analytics software, serving approximately 30,000 brands [6] - The company continues to invest in AI and product innovation to help brands leverage social media for smarter decision-making and deeper engagement [4] - Sprout Social's software operates across all major social media networks and digital platforms, reinforcing its comprehensive service offering [6]
Strength Seen in Outset Medical (OM): Can Its 15.0% Jump Turn into More Strength?
ZACKS· 2025-06-25 13:00
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Outset Medical, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on OM going forward ...
Amazon's Ring launches AI-generated security alerts
CNBC· 2025-06-25 13:00
The Amazon division is launching the tool as part of a broader push by the doorbell maker into AI, Ring CEO Jamie Siminoff said in a release. "We are just starting to scratch the surface of AI," said Siminoff, who founded Ring in 2011. Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California. Amazon's Ring video doorbell division is rolling out AI-generated notifications alerting users to unusual or suspicious activity around their home, the company said Wednes ...
Eco Wave Power and AltaSea Align on Official Launch Date for First-Ever U.S. Wave Energy Project at the Port of Los Angeles
Newsfile· 2025-06-25 13:00
Los Angeles, California--(Newsfile Corp. - June 25, 2025) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE), a leading onshore wave energy developer, is pleased to announce that Inna Braverman, Founder and CEO of Eco Wave Power, and Ran Atias, VP of Engineering, held a strategic meeting with Terry Tamminen, CEO of AltaSea at the Port of Los Angeles, to officially agree upon the launch date and public unveiling of the first-ever onshore U.S. wave energy pilot project. The historic launch event is scheduled to ...
Femasys Announces Historic Milestone with European Approval of FemBloc®, the First Non-Surgical Permanent Birth Control
GlobeNewswire News Room· 2025-06-25 13:00
ATLANTA, June 25, 2025 (GLOBE NEWSWIRE) -- Femasys Inc., (Nasdaq: FEMY), a leading biomedical innovator addressing significant unmet needs in women's health worldwide, with a broad portfolio of disruptive, accessible, in-office therapeutic and diagnostic products, announces Conformité Européene (CE) mark certification under European Union Medical Device Regulation (EU MDR 2017/745) of the Class III FemBloc blended polymer component, marking the first regulatory approval in the world for the FemBloc® System ...