Friday, November 8, 2019

Blackstone takes majority stake in Bumble parent, values firm at about $3 billion

MagicLab Andrey Andreev will sell his stake to Blackstone and be replaced by Bumble's current chief executive Whitney Wolfe Herd https://ift.tt/2CteRg8 https://ift.tt/eA8V8J

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Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., boosted by Galaxy S25 and legacy DRAM sales (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., bo...