Investors ‘swipe right’ in Tinder-owner Match’s debut

Match Group, which touts itself as the world's No. 1 dating company, is seen as the crown jewel of Diller's media properties and has driven parent IAC/InterActiveCorp's profit and revenue in recent quarters. One of Match Group's most popular offerings is Tinder, a mobile app on which people “swipe right” or “swipe left” to signal their willingness – or not – to meet prospective partners.

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Twitter’s Dorsey says to give a third of his stock to employee equity pool

(Reuters) – Twitter Inc Chief Executive Jack Dorsey said he is giving a third of his stock in the company, about 1 percent, to the employee equity pool. This move is to “reinvest directly in our people,” Dorsey, who was named as the company's permanent CEO earlier this month, said in a tweet on Thursday. Twitter could not be reached immediately for a comment outside regular business hours.

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Twitter likely to name Dorsey permanent CEO: Re/code

Twitter Inc co-founder and interim Chief Executive Jack Dorsey is expected to be named permanent CEO as early as Thursday, while keeping his job as the head of online payment service Square, technology news website Re/code reported, citing sources.

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Jay Z’s Tidal to celebrate 1 million subscribers with mega concert

Jay Z's global streaming music service Tidal on Wednesday announced a super star charity concert in New York to celebrate reaching one million subscribers, six months after it launched. Jay Z, his wife Beyonce, Prince, Usher, and Nicki Minaj will headline the Oct. 20 concert in Brooklyn, with tickets going on sale on Wednesday, firstly to Tidal subscribers

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Indian IT firms eye robotics, driverless cars for next round of growth

By Nivedita Bhattacharjee MUMBAI (Reuters) – After decades of low-margin work like server maintenance, India's information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients' needs. Companies from Tata Consultancy Services Ltd to Wipro Ltd are all joining Infosys Ltd in investing in new, high-end technology, industry watchers say. Earlier this week Infosys bought U.S.

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