Match Group: Not All Spinoffs Are A Good Investment

Match Group: Not All Spinoffs Are A Good Investment

SummarySpinoff in Q2 will saddle Match Group with a high debt load.Short-term uncertainty, including the coronavirus and Apple iOS upgrade, may impact ability to pay down debts.US market for online dating is fairly mature. Hope is placed on a slate of safety-related and product innovations.IAC shareholders may dump Match Group shares after the spin-off.Match Group,…

South Korea investigates chatroom sex abuse allegations

South Korea investigates chatroom sex abuse allegations

SEOUL, South Korea (AP) — South Korean prosecutors on Wednesday began reviewing whether to formally charge a man arrested last week on allegations that he operated secret chatrooms where he posted sexually abusive videos of blackmailed women in return for cryptocurrency payments.The allegations have triggered intense public uproar and soul-searching over a culture that critics

Harvey Weinstein moved to jail following ‘successful’ heart procedureGlobal News

Harvey Weinstein moved to jail following ‘successful’ heart procedure – Global News

Harvey Weinstein was moved Thursday to an infirmary unit at New York City’s notorious Rikers Island jail complex after undergoing a heart procedure at the hospital where he’d been held since his conviction last month on rape and sexual assault charges.Weinstein’s spokesman, Juda Engelmayer, said that the former film producer’s procedure Wednesday at Bellevue Hospital

This popular dating app leaked info on millions of users

This popular dating app leaked info on millions of users

Home News (Image credit: Shutterstock.com / Tero Vesalainen) Online daters could be giving away more than they expected after a popular dating site was found to be leaking user information.OKCupid, which has around five million active members, was leaking user information online without its knowledge, according to researchers at CyberNews.The team found that it was

1954: Marilyn Monroe

1954: Marilyn Monroe

In 1954, Marilyn Monroe—already a sex symbol and a movie star—posed on the corner of Lexington Avenue and 52nd Street in New York City, for a scene intended to appear in her 1955 film The Seven Year Itch. The breeze blowing up through a subway grate sent her white dress billowing around her, an image