InvestorRelations

Match Group Faces Pressing Challenge as Activist Investors Set Sights on Turnaround

12 days ago

In a landscape still reeling from the impact of shifting societal behaviors and technological advancements, Match Group, the parent company of dating giants Tinder and Match.com, finds itself at a crucial juncture. As it contemplates a major turnaround strategy, the company now faces mounting pressure from activist investors eager to influence its direction.

Zoom's Privacy Investigation by SEC on the Verge of Settlement

23 days ago

In a significant development for the video communication giant Zoom Video Communications, an investigation led by the U.S. Securities and Exchange Commission (SEC) focusing on the company's privacy practices appears to be nearing resolution. The inquiry, which initially commenced in 2020, scrutinized how Zoom collected and managed user data, amidst rising scrutiny over privacy standards in the tech industry.

Supreme Court Declines Facebook's Appeal in Shareholder Lawsuit

28 days ago

In a significant legal setback for Meta Platforms Inc. (formerly Facebook), the U.S. Supreme Court has officially decided not to hear an appeal regarding a shareholder lawsuit that had been previously dismissed by lower courts. This development paves the way for the case to proceed in the lower judiciary system, a situation that Meta had hoped to avoid as it continues to navigate a myriad of legal challenges.

BT Group Lowers 2025 Revenue Forecast Amidst Business Unit Challenges

2 months ago

In a surprising turn of events, BT Group, one of the leading telecommunications providers in the UK, has revised its revenue projections for the upcoming fiscal year 2025. This decision comes as the company grapples with a concerning decline in performance within its business unit, sparking questions about its growth trajectory and competitiveness in an increasingly challenging market.