<p>A major investment from Blackstone will infuse cash into the dating app group and push Bumble CEO Whitney Wolfe Herd to the top. </p><br /><p>Private equity group Blackstone is taking a majority stake in Magic Labs, the parent company of dating app Bumble,&#xA0;valuing it at $3 billion. As part of the deal, Bumble founder and chief executive Whitney Wolfe Herd, will become CEO of MagicLab. Current CEO Andrey Andreev will be departing.</p><p>Read Full Story</p><div class="feedflare"><br /> <br /></div>
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