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Bumble is in advanced talks to go private in a deal worth about $1 billion, Reuters reported on Monday, October 12, 2026. Ithaca Holdings is the prospective buyer. The talks come as Bumble tries to win back users with AI. Neither company has confirmed a deal. Both declined to comment. Still, Bumble shares surged roughly 50% to $3.80 that Monday, their biggest one-day percentage gain on record. A $1 billion price tag for a $14 billion debut Founded by Whitney Wolfe Herd in 2014, Bumble went public in 2021 at a valuation of about $14 billion. Five years later, the proposed price tells a very different story. Paolo Pescatore, an analyst for PP Foresight, said the potential agreement is proof of Bumble’s difficulties, adding that: Going private looks less like a strategic masterstroke and more like an admission that Bumble’s current strategy is failing. The numbers a buyer would inherit Bumble’s Q2 results indicate the reasons for the investors’ concerns. Its revenue declined by 15.2% year-over-year to $210.5 million. The number of paying users also dropped by 16.4% to 3.2 million. Bumble reported a net loss of $127.9 million of which $169.3 million were impairment charges, even though the adjusted EBITDA represented $72.9 million. The slide started earlier. In 2025, the company registered a near 10% drop in revenue that amounted to approximately $966 million, while its paying user base declined by more than 11% to approximately 3.7 million. Bumble Revenue and Paying Users Decline in 2025 and Q2 2026 Industry fatigue, or a Bumble problem Bumble’s competitor, Match Group, appears to be doing better as revenue fell only 1% to $853 million in the second quarter. Meanwhile, net income increased by 36% to $171 million. Tinder also showed signs of improvement. Daily active users dropped by only 4% year-on-year, which was the smallest decline in the last 10 quarters. Hinge’s revenue has increased by 22%. Match aims to bring Hinge’s annual revenue to $1 billion by 2027. Dating-app fatigue remains a challenge. But Match’s results suggest Bumble’s issues range beyond just the users getting bored with swiping. Bumble vs Match Group Q2 2026: Revenue, Profit and User Trends Can AI pull users back, or push them away Bumble hopes its AI-led Bumble 2.0 can change that. The redesign brings richer, chapter-style profiles and the possibility of swipe-free dating. Its March unveiling helped send shares up more than 40%. Wolfe Herd had earlier floated AI dating concierges, as Cryptopolitan reported. Whether users want that help is less clear. A peer-reviewed study suggests confidence in algorithms can encourage AI dating adoption. Yet an SSRN working paper reported 54% fewer usage minutes and 62% fewer app openings among the AI adopters studied. Those findings do not represent all daters. At the same time, less expensive AI will make companion chatbots more attractive than dating apps. However, the use of these chatbots raises privacy and security issues, as noted by the Congressional Research Service. The opportunity remains substantial: Grand View Research estimates a $10.7 billion global dating-app market in 2026, reaching $17.9 billion by 2033. The challenge is converting AI features into users who stay, pay, and trust the platform Micah Abiodun | usagoldmines.com
October 13, 2026

Danfoss says hacked controllers behind 50C French supermarket fridges ran old firmware Randa Moses | usagoldmines.com

The refrigeration controllers hijacked overnight in hundreds of French supermarkets were running out-of-date firmware, Danfoss said. Attackers turned fridges up to 50 degrees Celsius, leaving stores to toss out fresh and frozen stock.

A source close to Prime Minister Sebastien Lecornu said that France’s cybersecurity agency, ANSSI, had discovered a vulnerability in software from Danfoss. The person said the agency had already reached out to the vendor.

Danfoss names AK-SM800 and AK-SC355 legacy controllers

Danish maker Danfoss said it was “aware of incidents in France affecting a limited number of refrigeration management systems.” It identified two product lines, the AK-SM800 and the AK-SC355.

Most of the affected hardware is legacy kit that “no longer receive software or security updates,” the company said. The affected units reportedly ran regulation software that predated version 4.

The affected systems “were running outdated firmware,” Danfoss said. It also said it had “long advised customers to keep supported systems updated with the latest firmware and to migrate legacy systems to current-generation solutions.”

A supermarket’s cold rooms and cold cabinets are controlled from one linked panel. The panel controls temperature and defrost cycles, short periods when equipment heats up to melt ice.

It looks like the attackers commandeered the defrost function and ran it nonstop at 50 degrees.

In August 2026, Team82 from Claroty published research on the Danfoss AK-SM 800A, the system manager that orchestrates a facility’s refrigeration controllers. The team disclosed three vulnerabilities: CVE-2025-41450, authentication bypass using a hidden password based on the current date; CVE-2025-41451, command injection in email-alert configuration leading to remote code execution after login; and CVE-2025-41452, Nginx configuration injection able to cause denial of service.

Danfoss patched the flaws in firmware R4.3.1. Researchers also uncovered thousands of such management interfaces exposed to the public internet.

There’s no confirmed connection between that research and this week’s attack.

Intermarché owner counts 150 stores hit for six hours

Les Mousquetaires, the owner of Intermarché, said refrigerators at about 150 of its stores were at 50 degrees for six hours overnight. All the food concerned was binned to forestall any health risk, the group said.

At an Intermarché in central Paris, staff tipped cartloads of thawed food into a skip. Melted ice cream spilled onto the pavement.

Carrefour said 80 of its supermarkets were hit and that the vast majority of its 6,000 outlets were untouched. Monoprix, which has some 490 stores in France, said 5% had been hit.

Going after equipment indispensable to preserving fresh products and feeding French shoppers “is of extreme gravity and is unprecedented,” Coopérative U CEO Dominique Schelcher wrote on X.

French supermarket fridges hackers heated to 50C ran outdated firmware.
Coopérative U CEO Dominique Schelcher confirms the attack in a post on [X](https://x.com/schelcher/status/2109564928881308012) on October 12, 2026, shown in X’s English translation.

Thierry Cotillard, CEO of Intermarché, estimated the potential losses at tens of millions of euros across the country in a single day. Paris prosecutors opened an investigation into what they described as a large-scale attack.

Attacks also hit Spain, Portugal, Poland, Germany and Belgium, Sekoia threat analyst Felix Aime said.

Earlier this year, Cryptopolitan reported that France’s tax authority had suffered a breach leading to a loss of some 700,000 taxpayers’ data. Then the government announced it would hire sovereign AI firms like Mistral, and not OpenAI, to probe public systems for weaknesses.

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This articles is written by : Nermeen Nabil Khear Abdelmalak

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Bumble is in advanced talks to go private in a deal worth about $1 billion, Reuters reported on Monday, October 12, 2026. Ithaca Holdings is the prospective buyer. The talks come as Bumble tries to win back users with AI. Neither company has confirmed a deal. Both declined to comment. Still, Bumble shares surged roughly 50% to $3.80 that Monday, their biggest one-day percentage gain on record. A $1 billion price tag for a $14 billion debut Founded by Whitney Wolfe Herd in 2014, Bumble went public in 2021 at a valuation of about $14 billion. Five years later, the proposed price tells a very different story. Paolo Pescatore, an analyst for PP Foresight, said the potential agreement is proof of Bumble’s difficulties, adding that: Going private looks less like a strategic masterstroke and more like an admission that Bumble’s current strategy is failing. The numbers a buyer would inherit Bumble’s Q2 results indicate the reasons for the investors’ concerns. Its revenue declined by 15.2% year-over-year to $210.5 million. The number of paying users also dropped by 16.4% to 3.2 million. Bumble reported a net loss of $127.9 million of which $169.3 million were impairment charges, even though the adjusted EBITDA represented $72.9 million. The slide started earlier. In 2025, the company registered a near 10% drop in revenue that amounted to approximately $966 million, while its paying user base declined by more than 11% to approximately 3.7 million. Bumble Revenue and Paying Users Decline in 2025 and Q2 2026 Industry fatigue, or a Bumble problem Bumble’s competitor, Match Group, appears to be doing better as revenue fell only 1% to $853 million in the second quarter. Meanwhile, net income increased by 36% to $171 million. Tinder also showed signs of improvement. Daily active users dropped by only 4% year-on-year, which was the smallest decline in the last 10 quarters. Hinge’s revenue has increased by 22%. Match aims to bring Hinge’s annual revenue to $1 billion by 2027. Dating-app fatigue remains a challenge. But Match’s results suggest Bumble’s issues range beyond just the users getting bored with swiping. Bumble vs Match Group Q2 2026: Revenue, Profit and User Trends Can AI pull users back, or push them away Bumble hopes its AI-led Bumble 2.0 can change that. The redesign brings richer, chapter-style profiles and the possibility of swipe-free dating. Its March unveiling helped send shares up more than 40%. Wolfe Herd had earlier floated AI dating concierges, as Cryptopolitan reported. Whether users want that help is less clear. A peer-reviewed study suggests confidence in algorithms can encourage AI dating adoption. Yet an SSRN working paper reported 54% fewer usage minutes and 62% fewer app openings among the AI adopters studied. Those findings do not represent all daters. At the same time, less expensive AI will make companion chatbots more attractive than dating apps. However, the use of these chatbots raises privacy and security issues, as noted by the Congressional Research Service. The opportunity remains substantial: Grand View Research estimates a $10.7 billion global dating-app market in 2026, reaching $17.9 billion by 2033. The challenge is converting AI features into users who stay, pay, and trust the platform Micah Abiodun | usagoldmines.com