Tinder is making the first move... It's finding a way around the app store “tax” that Google charges. To get premium features like "Tinder Gold" (Super Likes, read receipts, and other aggressive dating tools), you pay with your credit card on file through the Google Play store — and Google takes a 30% cut (it's similar with Apple apps). That's a hefty toll. So Tinder will encourage users to go around the app store and pay it directly. Shares of Tinder-owner Match jumped 5% on the plan that sneakily avoids Google's 30% fee.
Hakuna matata... Disney entertained itself with two fresh records over the weekend: The Lion King's $185M haul in North America was the best opening weekend for a Disney remake — and then Avengers: Endgame finally passed Avatar as top grossing hit ever — $2.789B worth of movie tickets sold. With another Star Wars coming (shocker), Disney's on pace to earn $9B at the box office this year (which would also be a record).
Big banks are the window to your wallet's soul... Spending on Citi credit cards jumped 8% last quarter while splurging on JP Morgan cards popped 11%. Goldman Sachs wants in on that consumer spending so badly that it has invested $1.3B on its retail banking project "Marcus" (and a new credit card partnership with Apple hits this summer). In a world of volatile markets, interest rate uncertainty, and a trade war, your savings, checking, and credit accounts are banks' warm and fuzzy blanket.