Bumble reinstates Sharon Stone's account after it was flagged as fake

Sharon Stone
Photo: Isa Foltin/Getty Images for GQ Germany

Dating app Bumble reinstated actress Sharon Stone's account Monday after suspending it for several hours because users flagged it as fake, Bloomberg reports.

Why it matters: The mixup highlights how seriously dating apps are taking fraud after facing increasing scrutiny in 2019. The Federal Trade Commission is suing Match Group, the owner of Tinder and Match.com, among others, for using fake accounts to encourage users to sign up for subscriptions.

Go deeper: Dating apps expect flurry of traffic during the winter months

Tech fund plans to invest $300 million in emission solutions

A climate technology investment group that counts Leonardo DiCaprio among its advisers yesterday announced the closing of its first funding round and says it exceeded targets.

Why it matters: Princeville Capital's Climate Technology Fund aims to invest over $300 million over the next four years in companies that will deploy "near-term climate solutions," the announcement states.