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Bumble sign. Photo: Michael Nagle/Bloomberg via Getty Images

Bumble has created a relief fund to support reproductive rights for people who seek abortions in Texas, the Austin-based online dating platform announced Thursday.

Why it matters: Texas' new abortion ban went into effect on Wednesday, the most restrictive abortion law allowed for enforcement since 1973. It erects significant barriers and expenses for some people in Texas seeking abortions.

What they're saying: "Bumble is women-founded and women-led, and from day one we’ve stood up for the most vulnerable," the company tweeted. "We'll keep fighting against regressive laws like #SB8."

Context: Bumble, which was designed to protect women from unwanted attention, gives women the power to make the first move on its app.

Worth noting: The CEO of Match Group has said she will also establish a relief fund for Texas-based employees affected by the ban.

Go deeper

Texas judge: Citizen enforcement of abortion law unconstitutional

Pro-abortion rights protesters march outside the Texas State Capitol in Austin in September. Photo: Sergio Flores For The Washington Post via Getty Images

A Texas law banning most abortions after about six weeks of pregnancy violates the state's constitution as it permits private citizens to sue abortion providers, a judge ruled Thursday.

Why it matters: State District Court Judge David Peeples' ruling, which doesn't stop the strict law from being enforced, comes ahead of an expected U.S. Supreme Court decision on the Texas legislation.

Updated 39 mins ago - Economy & Business

Hybrid work now dominates the knowledge economy

llustration: Eniola Odetunde/Axios

For the first time since the start of the pandemic, most knowledge workers are in hybrid work arrangements, partly remote and partly in-office, a new survey finds.

By the numbers: 58% said they now work this way, in a survey of around 10,000 knowledge workers from the U.S., Europe, Australia and Japan, conducted last November by Future Forum, a research group backed by Slack.

Rents hit all-time high

Data: Zumper; Chart: Axios Visuals

The national median price of a one-bedroom rental apartment in January was up 12% year-over-year, to $1,374 — an all-time high, per Zumper, an online apartment rental site.

Why it matters: Inflation is taking a bigger bite out of people's paychecks these days not only in food and gasoline, but also in housing costs.