LGBTQ dating app Grindr closed up 213.84% at $36.50 per share in its NYSE debut under the new ticker GRND following its SPAC merger (Alex Harring/CNBC)

Michael Tobin / Bloomberg:
Grindr appoints George Arison as CEO, starting October 19, ahead of its planned SPAC merger; Arison was previously CEO at auto e-commerce marketplace Shift  —  Grindr LLC, the dating app that specializes in connections for the LGBTQ+ community, has named George Arison its new chief executive officer …

Paul Gillin / SiliconANGLE:
Open-source database provider MariaDB closed down ~40% in its NYSE debut following its SPAC merger; MariaDB had a $368M market cap at $11.55/share opening price  —  Following through on an announcement it made in February, database management system provider MariaDB plc went public today …

New York Times:
China has let dating apps flourish amid its crackdown on tech; data.ai: the number of dating apps with 1K+ downloads is up from 81 in 2017 to 275 in 2022  —  China has cracked down on many tech companies, but has allowed dating apps that provide social connections to flourish.

Wall Street Journal:
Chinese protestors are holding up blank pieces of paper as a protest against censorship, leading platforms and censors to quickly remove the images  —  Protesters are using few or no words in public and online demonstrations to speak out against Beijing’s zero-Covid policies

Bloomberg:
Since its NYSE debut in November 2013, Twitter stock has grown 8.4% annually on average, below the S&P 500’s 11% and Nasdaq 100’s 15%, due to slow user growth  —  Elon Musk’s buyout marks the end of nine years of public trading in Twitter Inc., which debuted with a bang but failed to match …

Lizette Chapman / Bloomberg:
Thiel-backed conservative video platform Rumble is up 37% after going public via SPAC merger at a $2.1B valuation, raising $400M  —  Rumble Inc., the conservative video network backed by billionaire Peter Thiel, became a publicly traded company Monday through a deal with a blank-check firm …