You might think the big story out of Match Group’s first-quarter earnings is Tinder’s turnaround. The dating app’s revenue is slightly up again after quarter-after-quarter of declines.
But we’d like to point to a comment the chief financial officer made about how the company is slowing its hiring right now because it needs more money to pay for AI tools for its employees.
Ah, yes, the good ol’ “let’s blame AI” strategy!
While speaking to analysts on the first-quarter earnings call, Match Group CFO Steven Bailey talked about how the dating app giant was investing in AI technology for internal use at the company — as well as how Match was paying for it.
“We’re making a big push around AI enablement. We’re giving every employee in the company access to all the cutting-edge tools. We’re giving them the training they need to succeed. We’re setting expectations. We really want to become an AI-native company,” Bailey said.
“We think it’s a huge opportunity. But these tools cost a lot of money, as I’m sure you know, and so the way we’re helping to pay for that is by slowing our hiring plans for the rest of the year,” he added.
The company assured investors that the impact would be cost-neutral, as the slowed hiring and lower headcount would make up for the increased software expenses. Plus, Match Group is betting that the increased productivity from employees’ use of AI will ultimately increase revenue growth, the number-cruncher explained.
While on the surface, this looks like another example of AI taking people’s jobs — in this case, forcing a company to lower its number of open positions — there’s likely more nuance to this story.
Let’s keep in mind that Match Group’s flagship app, Tinder, has been struggling in recent years. This quarter may be the start of a turnaround, as monthly active users declined by 7% in March compared with the far-steeper 10% drop a year ago. Tinder registrations also grew for the first time since 2024, but by a mere 1%, as Bloomberg pointed out.
This is perhaps a positive sign for Tinder. Or it might be a brief blip driven by users’ curiosity around various product improvements and new features, like IRL events. Time will tell.
Dating meets a generational shift
Match Group remains a company that has to work to squeeze more money out of an oft-dwindling, less active user base — which, to the company’s credit, it did exactly that. Match’s revenue was $864 million in the first quarter, up 4% year-over-year. However, its next-quarter estimates are coming in lower — around $850-$860 million, down 2% to flat year-over-year.
All these struggles come after many months of what appears to be a growing disinterest in the use of dating apps by younger people. This generational shift sees people opting to meet up in real-life, perhaps by pursuing an interest, like running, book clubs, or a hobby that connects them with other people, which then, in turn, expands their network, increasing their chance of meeting someone new.
The trend coincides with a resurgence of nostalgic tech, like digital cameras, flip phones, boomboxes, and even landlines, signaling a generation that’s feeling burned out by always-on connectivity and looking for analog pleasures.
Match Group is aware of this significant shift and says it’s pivoting to address the challenge by increasing the number of its own IRL events.
“Gen Z desperately wants to connect. They know they want to meet new people. They just want to do it in a low-pressure, low-stakes way that doesn’t feel like a job interview,” Match’s CFO Rascoff told investors on the call. “Traditional dating apps are very highly structured and can be intimidating to a user under 30. So, I think the growth of these alternative ways to meet new people speaks to how Gen Z is trying to find lower-pressure ways to connect.”
“We’ve obviously adapted our roadmap to this reality,” he said.
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The Federal Government has directed regulators to maintain the existing regulatory regime for internet platforms, online intermediaries and other cross-cutting digital economy issues while it develops a harmonised national policy to eliminate regulatory overlap across Nigeria’s technology ecosystem.
The directive signals a major policy shift towards a coordinated digital regulatory framework as the convergence of telecommunications, artificial intelligence (AI), online platforms, data governance and online safety increasingly blurs the traditional boundaries between sector regulators.
Issued by the Federal Ministry of Communications, Innovation and Digital Economy, the directive follows a high-level meeting chaired by Bosun Tijani, Minister of Communications, Innovation and Digital Economy, with the leadership of the Nigerian Communications Commission (NCC), the National Information Technology Development Agency (NITDA) and the Nigeria Data Protection Commission (NDPC).
Bosun Tijani, Minister of Communications, Innovation and Digital Economy. Image credit: Ministry of Communications, Innovation and Digital Economy.
Government freezes new cross-cutting digital regulations
Under the directive, regulators have been instructed to suspend the implementation or enforcement of new regulatory instruments relating to internet platforms, online intermediaries and other cross-cutting digital economy issues while the policy harmonisation exercise is completed.
“The existing regulatory status quo shall be maintained with respect to matters relating to internet platforms, online intermediaries and other cross-cutting digital economy issues currently undergoing inter-agency policy harmonisation under the Ministry’s coordination,” the minister directed.
The ministry explained that while each regulator operates under clearly defined statutory mandates, rapid technological convergence has created overlapping areas of responsibility that require a coordinated whole-of-government approach.
The increasing intersection of telecommunications, digital platforms, AI, online safety and data governance demands regulatory coherence to avoid duplication, conflicting obligations and unnecessary compliance burdens, according to the ministry.
“Regulatory coordination is not only essential to preserving legal certainty but is also fundamental to promoting investment, innovation, consumer confidence and Nigeria’s long-term competitiveness as Africa’s leading digital economy,” he said.
Harmonisation aims to boost investment and innovation
Tijani said regulatory coordination is essential to providing legal certainty for businesses operating in Nigeria’s digital economy.
“Regulatory coordination is not only essential to preserving legal certainty but is also fundamental to promoting investment, innovation, consumer confidence and Nigeria’s long-term competitiveness as Africa’s leading digital economy,” he said.
The ministry clarified that the directive applies only to new regulatory instruments affecting cross-cutting digital economy issues that are currently undergoing harmonisation.
It stressed that regulations falling squarely within the statutory mandates of individual agencies remain fully operational.
“The above direction is without prejudice to the statutory responsibilities of the respective institutions. Accordingly, all other provisions of existing regulations, guidelines, codes and directives that fall squarely within the express mandates of the relevant agencies under extant laws shall remain fully operational and enforceable, provided they are consistent with the policy direction issued,” the ministry said.
Joint committee to develop unified digital policy
As part of the coordination effort, the ministry announced the establishment of a Joint Technical Coordination Committee comprising representatives of the NCC, NITDA and NDPC under the supervision of the Office of the Minister.
The committee will coordinate technical engagements, consult industry stakeholders, civil society organisations and academia, and develop recommendations for a harmonised national policy and governance framework.
According to the ministry, the objective is to improve regulatory coherence rather than reduce the statutory powers of any agency.
“The objective of the harmonisation exercise is not to diminish the statutory mandates of any institution but to ensure that the Government speaks with one coherent voice on cross-cutting digital economy issues through a coordinated, predictable and future-ready regulatory framework,” the ministry said.
The proposed framework is expected to clarify institutional responsibilities, eliminate unnecessary regulatory overlap, reduce compliance uncertainty, strengthen investor confidence and support Nigeria’s ambition to become Africa’s leading digital economy.
Responding to an increasingly complex digital landscape
Nigeria’s digital regulatory environment has become progressively more complex as the mandates of the NCC, NITDA and NDPC have expanded alongside rapid growth in digital services, AI applications and online platforms.
NITDA currently oversees aspects of internet platform regulation through its 2022 Code of Practice for Interactive Computer Service Platforms and Internet Intermediaries, while also implementing broader information technology policies under the NITDA Act.
The NDPC regulates compliance with the Nigeria Data Protection Act, while the NCC oversees telecommunications and communications services, creating areas where regulatory responsibilities increasingly intersect.
Part of broader digital governance reforms
The latest directive builds on the ministry’s wider strategy of strengthening coordination across Nigeria’s digital governance ecosystem.
In April 2026, the ministry announced plans to establish a National Cybersecurity Coordination Council to improve collaboration among government agencies, regulators, the private sector and other stakeholders in responding to emerging cyber threats.
Rather than creating another regulator, the government said that the proposed council is designed as a multi-stakeholder coordination platform to strengthen information sharing, align cybersecurity policies and improve national incident response.
As part of that initiative, Tijani directed the NCC, NITDA, NDPC and Galaxy Backbone to establish a technical coordination secretariat under NITDA to support stakeholder consultations and develop the council’s operational framework.
Together, the regulatory harmonisation initiative and the proposed cybersecurity coordination council reflect the Federal Government’s broader effort to create a more coherent, predictable and innovation-friendly governance framework for Nigeria’s rapidly expanding digital economy.
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The President of the Nigeria Armwrestling Federation, Engr. Samuel Jackson, has expressed deep disappointment over the elimination of Africa’s leading representatives at the ongoing FIFA World Cup, describing the exits of Egypt, Senegal, South Africa, Ghana, DR Congo, Ivory Coast, Algeria and Cape Verde as heartbreaking despite their outstanding performances.
Jackson said the tournament has proved beyond doubt that African football has reached a new level, with the continent producing some of the most exciting performances of the competition.
His biggest praise went to Egypt, who came within minutes of eliminating defending champions Argentina before suffering a dramatic 3-2 defeat after leading 2-0 late in the game. He described the result as cruel, insisting the Pharaohs deserved more for their courage and quality.
“My heart goes out to Egypt. They showed the world that African football has matured. To push the world champions to the edge of elimination is no small achievement. They may be out, but they have won the admiration of millions.”
He also commended South Africa, whose return to the World Cup after years away ended with a narrow defeat to Canada, describing Bafana Bafana’s campaign as one that has restored belief in Southern African football.
Jackson reserved special praise for Senegal, saying the Teranga Lions once again demonstrated why they remain one of Africa’s football giants despite their narrow knockout defeat to Belgium.
He equally applauded Cape Verde, making its World Cup debut, for taking Argentina into extra time before bowing out in one of the tournament’s most thrilling encounters, while Ghana, Ivory Coast, DR Congo and Algeria were praised for reaching the knockout rounds and competing fearlessly against some of the world’s biggest football nations.
“Africa may not have reached the quarter-finals in the numbers we hoped for, but this World Cup belongs to Africa as much as anyone. Our teams have changed the narrative. The world now respects African football because our players competed with courage, discipline and confidence.”
Jackson added that the performances should encourage African governments, corporate organisations and sports administrators to invest more in grassroots sports, noting that with sustained support, African nations can soon produce a FIFA World Cup champion.
“Africa’s future is bright. Today’s disappointment will become tomorrow’s triumph if we continue to invest in our athletes and believe in their potential.”