October 15, 2025
Tech News
Insiders at Grindr are rumored to be considering a go-private deal after a significant slump in shares significantly affected their finances. Following this speculation, Grindr’s shares surged over 10%, although they still remain down approximately 26% for the year.
In a related financial maneuver, majority owners Raymond Zage and James Lu are reportedly in discussions with Fortress Investment Group to secure debt financing for the acquisition of Grindr. The buyout price under consideration is around $15 per share, valuing the dating app at roughly $3 billion, but this figure may fluctuate.
In social media updates, Instagram is making an important change to teen accounts, implementing a PG-13 content restriction policy. This new policy not only aims to minimize exposure to nudity and sexual content but also restricts strong language and risky behaviors, aiming to create a safer environment for younger users.
Furthermore, Instagram will block teens from viewing or messaging accounts with adult content. The platform has built on previous measures, now taking an even stricter stance by blocking entire accounts that post 18+ content, further ensuring limited exposure to inappropriate content.
This shift in Instagram’s approach also includes preventing teens from accessing search results related to terms such as “alcohol” or “gore.” Concurrently, parents will have the option to provide feedback through regular surveys, enhancing parental oversight of teen accounts.
Meanwhile, Broadcom has announced the launch of its latest networking chip, the Thor Ultra, designed to support the assembly of extensive AI computing systems. This introduction intensifies the competition with Nvidia, as the new chip allows operators to deploy significantly more chips for robust data processing.
The Thor Ultra chip plays a key role, serving as a bridge within AI data centers by efficiently managing data flow. Broadcom’s strategic moves in AI, including a recent agreement to provide OpenAI with custom chips, highlight their ambition to capture a sizable share of the projected $60 billion to $90 billion AI market.
With an identified $12.2 billion in AI revenue for fiscal 2024, Broadcom’s development of exceptional networking and AI chips is poised to propel them further into the lucrative data center sector. The Thor Ultra chip, which doubles the bandwidth of its predecessor, symbolizes Broadcom’s commitment to enhancing their technical capabilities.
Tech Explained
Shareholder – A shareholder is an individual or institution that owns shares in a company. In the context of Grindr’s situation, major shareholders are exploring private acquisition due to stock value declines affecting personal investments.
Private equity – Private equity refers to investments in privately held companies, often involving buyouts. The discussions surrounding Grindr related to securing debt financing for a potential buyout highlight strategies used in this realm.
Teen accounts – Instagram’s teen accounts refer to profiles created specifically for users under the age of 18, which have enhanced privacy and content restrictions to foster a safer social media experience for younger audiences.
Parental control – Parental control features allow parents to manage and restrict the online activities of their children. Instagram’s upcoming feedback system for parents exemplifies these techniques, enabling them to monitor and influence the content their teens encounter.
