Technology

Match Group CEO Mandy Ginsberg steps down

Match Group CEO Mandy Ginsberg
Mindy Ginsburg. Photo: Jerod Harris/Getty Images for Fortune

Mandy Ginsberg on Tuesday announced that she is stepping down as longtime CEO of Match Group, the owner of online dating sites including Match and Tinder.

Driving the news: Ginsberg told Match employees in an internal email, obtained by Axios, that her decision was more personal than professional, as a tornado had recently made her home "unlivable" and that she has had health issues, including a surgery just last Friday.

Apple shares surge after it posts record holiday sales

Tim Cook, speaking at a 2017 Apple event
Photo: Apple

Buoyed by strong iPhone sales and a growing services business, Apple reported record quarterly revenue and profits that were well ahead of estimates and its own forecasts. Apple also projected revenue for the current quarter ahead of many analysts' expectations, sending shares higher.

Why it matters: The October-to-December quarter includes the all-important holiday shopping season, and Apple's results show the resiliency of its business.