Bumble sunsets acquired apps, Fruitz and Official, to cut costs
1. Bumble discontinues Fruitz and Official apps to refocus on core businesses. 2. CEO Lidiane Jones anticipates a $12 million revenue loss this year. 3. Revenue fell by 4.4% to $261.6 million, missing guidance expectations. 4. Bumble shares dropped 27% due to disappointing forecasts and financial challenges. 5. New features aim to enhance user experience amid increased scrutiny.