Tinder says founder Sean Rad returning as CEO

(Reuters) – Online dating application Tinder said on Wednesday night that it had re-appointed the app’s founder, Sean Rad, as its chief executive. Rad returns after being replaced in March by former eBay Inc executive Chris Payne CEO. “We mutually determined that this wasn’t going to be optimal and thought that a quick transition served everybody best,” the company statement quoted Payne as saying.

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Amazon quietly shutters product ads that drove traffic to outside sites

By Mari Saito SAN FRANCISCO (Reuters) – Amazon.com Inc quietly shuttered a pay-per-click advertising programme that allowed businesses to divert traffic from the retailer's platform to their own websites on Tuesday, saying it would permanently discontinue the programme in October. The programme allowed many businesses that are not necessarily sellers on Amazon's online marketplace to buy ad space on its website

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Google overhaul ‘shareholder friendly’ but details scarce

Google Inc's overhaul of its operating structure is an acknowledgement of the lack of transparency surrounding its disparate businesses and projects, analysts said, but it remains to be seen how much more the company will actually disclose. Analysts and investors have long sought more granular detail on Google's capital spending and cash flow, as well as the financial performance of YouTube and Android. Google said on Monday it would split into two reporting companies under a new holding company called Alphabet.

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