This weekend a horde of entrepreneurs and business leaders will lay siege to New York’s financial district as part of the Kairos Global Summit. Over the next 48 hours, 350 student entrepreneurs will mingle with high-profile mentors in their field at the New York Stock Exchange, the United Nations (both partners of the summit) and the Rockefeller Estate in upstate New York to brainstorm practical solutions for a better future.
The Street reports on Tinder’s acquisition of Humin. Read an excerpt of their coverage below:
Dating app Tinder on Tuesday swiped right on San Francisco contact app maker Humin to tap the target’s management and software expertise.
Neither West Hollywood, Calif.-based Tinder nor Humin released a price in the acquisition but Tinder said it would take on most of Humin’s employees and keep its northern California office.
“We’re excited to leverage their experience and [intellectual property] to accelerate our product roadmap along with some other exciting projects we have in the works,” said Tinder founder and CEO Sean Rad in a statement.
Read the rest of the article at The Street.