Good morning, Broadsheet readers! Former CVS exec Helena Foulkes is running for governor of Rhode Island, Jane Fraser shares her plan for Citigroup, and Match Group CEO Shar Dubey weighs in on abortion rights—and Apple’s in-app payments. Have a great Friday.
– Match point. When Texas banned abortion at six weeks, Match Group CEO Shar Dubey was one of the first—and only—public company CEOs to speak out.
That outspokenness was notable on an issue as sensitive for businesses as abortion rights—but it wasn’t new. At the Fortune Most Powerful Women Summit in Washington, D.C. yesterday, I interviewed Dubey about her views on another hot-button topic: Apple and Google app store fees on in-app payments, or IAP.
As the CEO behind dating apps as popular—and lucrative—as Tinder and Hinge, Dubey is well positioned to weigh in on the issue at stake in the Epic v. Apple ruling and new legislation in South Korea and the Netherlands. Match pays $500 million annually in IAP fees; Dubey, in a tongue-in-cheek way, calls Apple the “second-largest dating app company” for how much it rakes in through the 30% cut it takes from nearly every dating app transaction.
 Match Group CEO Shar DubeyStuart Isett—Fortune MPW “If the whole world is challenging this, someone at Apple has to take a step back and say, ‘Does this still feel like the right thing to do?’” she asked yesterday, discussing the issue at length publicly for the first time.
Dubey took a stand yesterday on another issue as well: reauthorizing the Violence Against Women Act. In an op-ed for Fortune,the CEO called on Congress to pass VAWA. She connects the call to action back to Match’s business: as a company that brings strangers together, Match has a responsibility when it comes to women’s safety, both online and in person.
Dubey is a longtime vet of the online dating industry (she took over as CEO from Mandy Ginsberg in early 2020), and the first in her family not to have an arranged marriage—giving her the opportunity to reflect on all the different ways she’s seen people meet and fall in love.
Thanks to Shar for joining us at the MPW Summit—and that’s a wrap on the three-day event. More highlights from the Summit below. See you all next time!
Emma Hinchliffe
emma.hinchliffe@fortune.com
@_emmahinchliffe
The Broadsheet, Fortune’s newsletter for and about the world’s most powerful women, is coauthored by Kristen Bellstrom, Emma Hinchliffe, and Claire Zillman. Today’s edition was curated by Emma Hinchliffe.
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