Valeriya Safronova / New York Times: Bumble redesigns its app and adds Opening Moves, to let women ask a question men can answer, a major shift that ends the requirement that women message first  —  As dissatisfaction with online dating grows, the app that put women in control is shifting course. Lees verder op Tech Meme

BBC: A Finnish court sentences hacker Julius Kivimäki to six years and three months, after he breached a healthcare database and attempted to blackmail 33,000 people  —  One of Europe’s most wanted cyber criminals has been jailed for attempting to blackmail 33,000 people whose confidential therapy notes he stole. Lees verder op Tech Meme

Mia Sato / The Verge: Instagram updates its recommendation algorithms to promote original content, impacting aggregator accounts, and increase distribution for smaller accounts  —  Instagram is making significant changes to how its system recommends content, with a focus on original content and increased distribution for smaller accounts. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: NYC-based newsletter platform beehiiv raised a $33M Series B led by NEA, taking its total raised to $46.5M, and says the service has ~20K active newsletters  —  With the number of people using e-mail globally approaching 5 billion, newsletters delivered regularly into people’s inboxes continue … Lees verder op Tech Meme

Zosia Wanat / Sifted: Lithuanian second hand marketplace Vinted reports 2023 revenue up 61% YoY to €596.3M and a €17.8M net profit, up from a €20.4M loss in 2022  —  The company reported a net profit of €17.8m in 2023  —  Vinted, the Lithuanian startup which has become one of Europe’s best … Lees verder op Tech Meme

Paige Smith / Bloomberg: PayPal reports Q1 revenue up 9% YoY to $7.7B, payment volume up 14% YoY to $404B, transaction margin dollars up 4% YoY to $3.5B, and expects 2024 profit to drop  —  Total payment volume was $403.9 billion in the first quarter, PayPal said in a statement Tuesday, topping analysts’ estimates of $392.9 million. Lees verder op Tech Meme

Katie Roof / Bloomberg: Enterprise browser startup Island raised $175M led by Sequoia and Coatue at a $3B valuation, up from $1.5B in October 2023, taking its total funding to $487M  —  – Sequoia and Coatue lead $175 million investment in Island  — Cisco-backed startup doubles in valuation since last year Lees verder op Tech Meme