How quickly a unicorn can fall. Two years ago, the Gen Z-messaging app IRL was flying high with a $1.2 billion valuation and a fresh $150 million from SoftBank and $20 million from other investors.

Ironically, the social app IRL's users do not exist in real life. An internal investigation by IRL's board of directors found that 95% of the app's reported 20 million users were "automated or from ...

“We have all seen the state of the market,” IRL CEO and co-founder Abraham Shafi wrote in a company-wide memo where the social app announced it would be dramatically cutting staff. Similar to dozens ...

Two years ago, San Francisco–based IRL seemed to be riding high. The messaging app startup boasted of its “unicorn” status, having hit a $1.2 billion valuation in a $170 million Series C funding round ...

Valued at more than $1 billion, the social app IRL is shutting down after an investigation found that most of its users were fake. Credit: Mashable screenshot IRL, a social app meant to connect young ...

IRL, the SoftBank-backed social app and recent unicorn, is today announcing its first acquisition. The company is purchasing, for an undisclosed sum, the “digital nutrition” company AeBeZe Labs and ...

Bumble is trying to make its apps safe spaces for meeting new people, and that extends to real-life meetups. The latest community guidelines (which also apply to Badoo and Bumble For Friends) take aim ...