A dating app worth $14 billion just sold for $1.3 billion. In this week’s BGT Weekly News, Mark Hayward breaks down what went wrong at Bumble, and what every business owner can learn from it.
Plus three more stories business owners in the US and UK need to know this week: JPMorgan boss Jamie Dimon’s warning about “rogue” AI agents, Bank of America’s $1.2 billion fine, the UK’s plan to make Amazon, eBay and Temu collect tax for their sellers..
Every story in plain English, with what it means for your business.
⏱️ CHAPTERS
0:00 $14 billion to $1.3 billion
0:30 Why Bumble collapsed
4:30 Jamie Dimon’s warning on AI agents
7:45 Bank of America’s $1.2 billion fine
11:00 Amazon and eBay tax crackdown
14:15 Why UK companies are being bought up
17:30 Dog news
18:30 This week’s takeaway
What’s the “swiping” in your industry, the thing everyone does that customers are quietly getting tired of? Tell me in the comments.
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