Bumble is slowly backing off on its $400 million lawsuit against Match Group
Bumble is looking to drop its $400 million countersuit against Tinder’s parent company — Match Group — nearly a month after it officially filed the case, according to documents filed in a Texas court last month. Yesterday, Match filed a notice of non-opposition, essentially saying that it’s okay with Bumble dropping its claims so long as the court issues declaratory judgments absolving Match from allegedly stealing Bumble’s trade secrets. Match is also hoping the court will issue declaratory judgments validating its patents and Bumble’s alleged infringement of them, which are involved in its original lawsuit from March. Both companies seem okay backing away from this case for now, but Match seems to want to get some absolution out of...