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Business 2-12-21

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Written by Herb Scribner
Category: Business
Created: 11 February 2021
  • Whitney Wolfe Herd took Bumble public as the youngest female CEO to ever IPO (Business Insider) - 31 yr-old Wolfe Herd, a Utah native, created the “female-first” dating app in 2014 to combat rampant sexual harassment on other dating platforms. The app’s shares surged on opening day, giving Bumble a market cap of over $8 billion and making Wolfe Herd a billionaire.
  • Disney+ is adding up for the Magic Kingdom as service blows by subscriber projections (Fox Business) - Streaming service's numbers boost other divisions hurt by the pandemic
  • Government agencies begin investigating Robinhood, Reddit over GameStop stock (CNET) - The Department of Justice's fraud section and the San Francisco US attorney's office are seeking information about the trading frenzy from social media companies and trading platforms
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