Industry

Grindr Looking to Monetize App, Including with AI Chatbots

Industry
  • Tuesday, April 09 2024 @ 09:59 am
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Grindr and AI Boyfriends
 

Grindr’s CEO George Arrison is planning to monetize the app more aggressively, including launching an AI chatbot and putting previously free features behind a paywall.

News website Platformer broke the news about Grindr’s plans to launch an AI-based “boyfriend” chatbot feature that can engage in sexually explicit conversations with users, for a price. Some employees have expressed weariness, as the AI-generated conversations could be based in part on private chats between other human users, pending their consent.

Platformer also learned that Grindr is revising its terms of service to ask people signing up if the company can train their AI models on their personal data, which can include direct messages. This is likely to be a privacy issue going forward for other dating apps who could pursue employing user data to train AI.

Bumble Rethinks Women Making the First Move for Its Relaunch

Industry
  • Wednesday, March 27 2024 @ 07:31 am
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Bumble CEO Lidiane Jones is reconsidering the app’s signature selling point: a dating app where females make the first move. The app is scheduled to relaunch later this year, and it seems everything is on the table.

Bumble’s longtime marketing strategy and company mission was to appeal to women and help them feel empowered while using a dating app. Jones however feels that things have changed, and it has become a “burden for a subset of our customers today," according to Yahoo! Finance.

The company has been testing out alternatives, from sending prompts to help women start conversations (and reduce their anxiety about doing so) or they can choose to let their matches start conversations instead.

Match Group Gains a Second Activist Investor

Industry
  • Tuesday, March 26 2024 @ 10:00 am
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  • Views: 751
Anson Funds

Dating app conglomerate Match Group has attracted its second activist investor Anson Funds Management LP, who have built a stake in the company.

Bloomberg, who broke the news, also noted that shares of Match Group fell 0.9% in mid-day trading the day the news was released.

Bloomberg also reported that Anson is trying to “change the composition” of Match Group’s Board of Directors, citing reputable sources. The investment firm also discussed with Match Group’s management about embracing AI in its products, which Match Group has already been doing.

Yoel Roth Joins Match Group as Head of Trust and Safety

Industry
  • Friday, March 22 2024 @ 11:44 am
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  • Views: 1,064

Yoel Roth, former head of Trust & Safety at Twitter, has now accepted a position as vice president of trust and safety at Match Group.

According to Tech Crunch, Roth will be responsible for developing policies and standards concerning safety across all Match Group apps.

The new VP made the announcement on his LinkedIn page: “As they say… some personal news! I swiped right on Match Group! 15 years ago, I started studying what we now call ‘trust and safety’ because the then-new world of dating apps felt like the Wild West; it’s truly a dream come true to get to roll up my sleeves and work to protect the millions of people making connections on our apps worldwide.”

Tinder Agrees to More Price Transparency for EU Users

Industry
  • Wednesday, March 20 2024 @ 08:15 am
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  • Views: 768

Dating app Tinder has agreed to provide more transparency about its pricing for premium services to users in the EU. The agreement follows a probe from the European Union’s consumer watchdog agencies when complaints surfaced from daters who were charged different fees for the same service.

According to Reuters, Tinder agreed to better inform users about its pricing, specifically the personalized discounts it offered. Users who showed little interest in purchasing one of the dating app’s standard premium services were later offered personalized discounts to get them to pay for Tinder. It was also disclosed that the app was using automation to identify these users and to personalize the prices for them.

In fact, a study in Sweden in 2022 showed that Tinder was offering 36 different “personalized” price levels, ranging from about $3 U.S. to as much as $36 per month for the same premium service, which prompted the investigation.

Despite Being Scammed Users Return to Dating Apps

Industry
  • Monday, March 18 2024 @ 11:42 am
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  • Views: 1,083

A new report on dating app security found that a majority of 70 percent of dating app users had been scammed on one of the dating platforms.

According to Newsweek, the study surveyed people who had used dating apps over the past three years, and 93 percent said they would go back to using the apps, even those who said they were scammed or had their information stolen.

When users sign up for these platforms, their personal information, even social security numbers, become vulnerable to scammers. Sixty-nine percent of those surveyed said they were asked to verify their identity on a dating app and 65 percent said they’d provided their social security numbers.

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