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Bumble plans app relaunch and slashes workforces

Bumble slashed its workforce and announced a relaunch of its namesake dating app as the company seeks to attract younger users. Why it matters: Gen Z has expressed a lack of interest in dating apps, creating internal crises among the corporate companies behind them. Zoom in: The Austin-based company plans to lay off 30% of its workforce, about 350 jobs,...

Wed Feb 28, 2024 19:01
Biden may have limited options to protect IVF treatment

Fertility providers are talking with the Biden administration about possible steps it can take to ensure access to in vitro fertilization, while legal experts say the administration likely has some limited powers. Why it matters: President Biden has seized on the Alabama Supreme Court decision that's resulted in disruptions to IVF treatments, tying...

Wed Feb 28, 2024 18:21
Crypto super PAC unloads on Katie Porter in California Senate race

Ads urging cryptocurrency owners to vote against Rep. Katie Porter (D-Calif.) in the California Senate primary will hit social media platforms Wednesday, Axios has learned.Why it matters: The super PAC Fairshake, backed by cryptocurrency industry leaders, has spent millions in the primary to try to prevent the progressive Porter from advancing to the...

Wed Feb 28, 2024 17:12
Bitcoin tops $60K in bullish run

Bitcoin rallied above $60,000 on Wednesday, riding its bullish momentum to its highest levels since November 2021, as more signs emerge that cryptocurrency's "winter" has ended.Why it matters: The digital token has gone from strength to strength in the wake of the rollout of bitcoin exchange-traded funds, which have reignited broad interest in the sector....

Wed Feb 28, 2024 16:30
Employment rate for Americans with disabilities reached record high in 2023

Data: Bureau of Labor Statistics; Chart: Axios VisualsA record share of people with disabilities were working last year, finds a new report from the Bureau of Labor Statistics.Why it matters: These are people who face huge obstacles in landing jobs; that more of them are employed is a sign of a strong labor market, post-pandemic changes, and the rise...

Wed Feb 28, 2024 16:30
How a $1 billion gift could transform a Bronx medical school

Ruth Gottesman has donated $1 billion to the Albert Einstein College of Medicine in the Bronx. The money will be placed in an endowment, the income from which will fund free tuition for all students in perpetuity. Why it matters: No one but Gottesman, a pediatrician who spent her whole career at Einstein, would have made this particular donation. But...

Wed Feb 28, 2024 15:07

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