Austin

Startup Founder Pleads Guilty to Indecent Assault of Young Woman

Startup Founder Pleads Guilty to Indecent Assault of Young Woman

One-time startup leader Brian Wong pleaded guilty to criminal charges that he assaulted a young woman woman during the 2016 South by Southwest festival in Austin, Texas.With a jury trial looming in September, state prosecutors reduced the offense to indecent assault from attempted sexual assault, making it a misdemeanor instead of a felony charge, and Wong changed his plea from guilty to not guilty, according to records in Austin district court. His lawyer, Sam Bassett, didn’t respond to requests for comment. Source link lol
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Shares of Bumble Tank Following Poor Annual Revenue Outlook

Shares of Bumble Tank Following Poor Annual Revenue Outlook

Shares of Bumble Inc. plunged after the dating-app company slashed its annual revenue outlook. Annual revenue will grow between 1% and 2% from the previous year. The company had previously forecast growth between 8% and 11%. Wall Street was expecting an 8.4% gain, per Bloomberg-compiled estimates. Source link lol
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