Online Dating

US Government is Forcing Chinese Company Who Purchased Grindr to Sell

Acquisitions
  • Tuesday, April 09 2019 @ 09:51 am
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Grindr under scrutiny with sale to China

Grindr has come under scrutiny in the last several weeks after Chinese company Beijing Kunlun Tech purchased a majority stake in the popular dating app in 2018. The U.S. government has demanded the new owners give up control of the company.

According to The Washington Post, the Committee on Foreign Investment in the United States (CFIUS), a government body charged with overseeing security threats to U.S. companies, has declared that the Grindr purchase is a threat to U.S. national security because of the risk posed to the privacy of users of the app.

Tinder Height Verification: Silly Prank Or Clever Commentary?

Features
  • Monday, April 08 2019 @ 08:56 am
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Tinder's April Fools Prank about Height Verification

Every April Fools’ Day, brands vie to nab headlines by pulling off outrageous public pranks. This year’s notable gags include Google claiming to have invented a plant language translator, Spotify giving listeners disco-infused Discover Weekly playlists, and McDonald teasing eaters with milkshake-flavored dipping sauces. But the award for 2019’s most memorable prank goes to Tinder, which shook up the online dating world and inspired heated debate with a faux feature announcement.

A March 29 blog post introduced the world to the Height Verification Badge, a tool purportedly designed to stop “height fishing” and enforce honesty on the dating app. “Height-lying ends here,” proclaims the post. “To require everyone under 6’ to own up to their real height, we’re bringing truthfulness back into the world of online dating.” The post’s guide to using the feature directs users to input their real height and submit a screenshot of themselves standing next to a commercial building for comparison. Fake screenshots show an error message instructing a dissembling user named Tyler to enter his correct height.

Tinder Co-Founder Asks Court to Dismiss Match Group Suit

Finances
  • Friday, April 05 2019 @ 09:43 am
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Tinder Co-Founder Sean Rad asks the court to dismiss Match Group counter-lawsuit

Tinder Co-Founder Sean Rad is continuing his legal battle with Match Group by asking the court to dismiss the dating giant’s counter-lawsuit against him.

Rad, along with other former Tinder employees, filed a lawsuit against Tinder’s parent company last year, claiming that Match Group deliberately devalued their stock options to avoid paying billions of dollars in equity. Part of the evidence he cites is his email correspondence, which has become a sticky point for him and the lawsuit.

Facebook Dating Now Available in More Countries

Design
  • Wednesday, April 03 2019 @ 08:54 am
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Facebook Dating is now in Mexico and Argentina

Facebook Dating has just expanded its service to include two more countries: Mexico and Argentina.

The social media giant’s new dating platform launched in 2018, and was first introduced to Facebook users in Colombia, and then later in Canada and Thailand. Mexico and Argentina are the latest countries to join the rollout.

According to CNET, Facebook also revealed some new features it will be adding to its dating service soon. “Auto Profile Create” does just what it implies – it can automatically generate a profile for you by gathering photos and information from your existing Facebook account, making it easier to get started. Users have the ability to edit or remove information in the auto-generated profile, or they can opt to build one from scratch.

Serena Williams to Invest in New Bumble Fund

Celebrities
  • Monday, April 01 2019 @ 09:26 am
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Bumble CEO Whitney Wolfe Herd and Serena WIlliams
Image: Bumble

Dating app Bumble has set its sights on partnering with prominent female leaders, including tennis champion Serena Williams. The company just announced that she will be an investor and active member of the new Bumble Fund, as well as a global ambassador for the brand.

The Bumble Fund is an investment fund started by Bumble founder and CEO Whitney Wolfe Herd to help female entrepreneurs get support for their projects and businesses. It’s also a great way to market the company’s networking app Bumble Bizz. The Bumble Fund focuses on getting businesses started with initial funding, ranging anywhere from $5,000 to $250,000, primarily for businesses led by women of color and underrepresented groups.

Spark Networks Set To Acquire Zoosk In $255 Million Deal

Acquisitions
  • Friday, March 29 2019 @ 11:01 am
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Spark Networks Acquires Zoosk

Spark Networks SE announced its entry into a definitive agreement to acquire Zoosk, Inc. With the addition of Zoosk, Spark Networks will more than double in size and reach over one million monthly paying subscribers across the two platforms. Spark Network's current portfolio of online dating brands includes EliteSingles, SilverSingles, Christian Mingle, Jdate, eDarling, JSwipe, Attractive World, Adventist Singles and LDS Singles.

Under the terms of the agreement, Spark Networks will acquire 100 percent of Zoosk's shares with a combination of cash and stock valuing the company at approximately $255 million based on the closing price of Spark Networks SE stock on March 20, 2019.

"Zoosk is one of the strongest dating apps in the North American market, which comprises half of the $5 billion global online dating opportunity," said Jeronimo Folgueira, Chief Executive Officer of Spark Networks SE. "Similarly, North America has been a key strategic market for Spark, and the focal point for our growth initiatives. Our deal with Zoosk creates the second largest online dating platform in North America and the second largest publicly-listed dating company in the world.” (Match Group is the largest)

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