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Plenty Of Fish Attempts To Buy True.com

POF (Plenty of Fish)
  • Wednesday, November 27 2013 @ 08:01 pm
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  • Views: 1,993

Watch out, IAC - Markus Frind may be coming for your crown!

For a long time, IAC (InterActiveCorp) has been the undisputed ruler of online dating. IAC's businesses include Singlesnet.com. SinglePeopleMeet.com, OurTime.com, OkCupid.com, and, last but certainly not least, Match.com. Add it all together, plus IAC's numerous successful ventures outside of the dating industry, and you've got a seriously unstoppable force.

Markus Frind, CEO of Plenty Of Fish, recently attempted to score another piece of the kingdom for himself and push IAC an inch more off its throne. True Beginnings, the Texas-based owner of True.com, entered Chapter 11 bankruptcy protection in 2012 and is attempting to sell its assets. Frind was poised to gobble the site up, but Texas Attorney General Greg Abbott has protested the sale.

Citing privacy concerns, Abbott objected in federal bankruptcy court to the sale of True.com's 43 million member database. "At a time when privacy is an issue of grave concern to so many," he said in a press release, "we are taking legal action to prevent an online dating service from selling more than 2 million Texans' personal information without their consent."

True Beginnings told the court they planned to notify users by email that their personal information would be sold, but Abbott contends that the company must obtain each customer's approval individually first. "The proper course is for True.com and its bankruptcy trustee to seek the customers' permission before selling their private information to a third party," he explained, "and that's exactly what our legal action asks the bankruptcy court to require before the case proceeds."

When signing up for True.com, users are told that their personal data - including phone numbers, passwords, financial billing info, and browsing history - cannot be transferred without their consent. However, Abbot notes, ambiguous language found in the site's privacy policy quietly adds that members' personal information held in the company's database would be treated as a transferable asset in the event the company was acquired by a third-party buyer.

Unsurprisingly, Frind is not pleased with the development. "Who in their right mind is going to buy a dating site with 43 million members if you are not allowed access to those members?" he wrote in a blog post. "This would be like buying twitter but you don't get access to twitters users unless they agree to the sale."

Under the current transfer process, True.com member data will be transferred automatically unless the customer takes direct steps to opt-out. Abbot is instead arguing that customers should opt-in and directly express approval for the transfer of their personal information. Whichever way this goes, it's bound to set a precedent for all future dating site sales.

Privacy & Online Dating: Data Collection And Your Digital Trail

OkCupid
  • Tuesday, November 26 2013 @ 06:55 am
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  • Views: 1,886

Unless you've been living under a rock lately, you've gotten an earful about the National Security Administration's efforts to monitor your phone calls and online activity. Sure, that's scary stuff, but it's only one piece of the privacy puzzle. What about all the other organizations you're voluntarily giving information to? Just about everywhere you go online, you're leaving a digital footprint and odds are you have no idea who's seeing it.

So, who exactly has access to the personal information you put online?

To answer that question, NPR investigated one of the greatest sources of personal data on the Web: online dating sites. Most users don't hesitate to fill out the lengthy questionnaires on sites like Match.com because they believe it's the best way to find a compatible partner. But when NPR sat down with Ashkan Soltani, a digital privacy specialist who used to work at the Federal Trade Commission, he showed exactly how unprivate personal information can be.

Soltani set up a fake account on OkCupid to demonstrate how private companies track what users are doing online. He selected the "Often" options under the questions about drinking and drug use, then launched two software programs - Collusion and MITM Proxy - to get a look at what goes on behind-the-scenes.

The Collision program revealed that almost 50 companies were tracking Soltani's computer as he browsed OkCupid, most of which were either advertising firms or companies that collect data to sell to ad firms. The MITM Proxy program exposed the kind of information those companies were receiving from OkCupid. Some got basic data, like age and gender, but others obtained much more personal details. In fact, least one learned that Soltani uses drugs "often."

Of course, it's not just OkCupid that collects personal data, and every online dating site has an explanation for why they do it. Data collecting, they argue, allows them to personalize their service in order to improve user experience. As you search for dates online, your dating site gets a better idea of the kind person you're looking for. The site becomes "smarter," and its matching algorithm becomes better at refining your results.

To some, it's creepy. To others, it's helpful. What is clear is this: there isn't much that can be done about it, unless you choose the non-option of staying off the Internet completely. All that's left is to think carefully about what data you choose to share, and to remember that private information is rarely private online.

Tinder: Does it Help or Hurt Dating?

Tinder
  • Monday, November 25 2013 @ 06:57 am
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  • Views: 1,612

A new app that has taken the dating world by storm is Tinder, a modern version of the game "hot or not." With Tinder, users can view the photos of other users along with basic information, and make a decision as to whether or not they want to meet. Swipe left to say no, swipe right to say yes. If you both say yes, you can start chatting and potentially meet in real life.

It's a different kind of experience from traditional dating sites, which makes it appealing to many users. It is easier to set up and easier to meet people quickly, rather than with online dating sites that require answering a questionnaire, profile description, and emails back and forth. With Tinder, you can join and meet someone instantly.

But who is using it? Are men more interested in Tinder because of its hook-up potential? Not really. Forty-five percent of Tinder users are female, and they are actively participating. Most of the users also skew on the young side, which isn't surprising. It is less intimidating to use Tinder than to market yourself on an online dating site, which could seem like more of a commitment for someone who is twenty-one and not really looking for a committed relationship.

So Tinder might be easy to use, but how are people really using it? Is it basically a hook-up app? According to most reports, yes. After all, Tinder was marketed to those people who are looking to meet other singles close by quickly, which feeds into the hook-up culture. But according to company executives and a few media members who have tried it, people can unexpectedly find love, too.

Like other online dating sites, you don't always know who it is you're meeting, and people definitely flake and don't show up, whether you meet via Match.com or an app like Tinder. It seems bad behavior will exist no matter what the platform you use to meet people.

So what does this mean? Traditional online dating isn't going away anytime soon. There are many people interested in long-term relationships, who prefer reading profile descriptions, emailing and a phone call before meeting someone in person.

But if you're out on a Friday night with your friends and you're looking for some excitement? Tinder might be a good way to socialize. Think about it this way. You look at people in a bar and decide who you want to approach. The only difference with Tinder is that their faces are on a screen.

Is Social Media Giving Online Dating a Boost?

Chemistry.com
  • Saturday, November 23 2013 @ 08:44 am
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  • Views: 2,081

A few years ago, Match.com became a household name when it comes to online dating. Now that mobile apps like Tinder have gained popularity and people are looking to newer and niche online dating sites like JDate or How About We, people are starting to see what else is out there.

In fact, social media, and Facebook in particular, are becoming players in the game. While traditional sites rely on new sign-ups and static searches, social media-friendly dating sites and apps pull information from a vast pool of active Facebook profiles and introduce you to friends of friends in your network. This has become a big draw for people, because most singles feel more comfortable meeting someone new if they have a friend in common. This is especially true for women, who are sometimes skeptical of the safety of online dating.

According to an article in Wall Street Cheat Sheet, entrepreneurs are just beginning to understand the importance of utilizing social media in industries like online dating, which could mean big revenues in the future. LinkedIn has gained traction in the social media space because the platform focuses solely on job seekers and networkers looking for career opportunities. There is a sense of trust when someone comes recommended for a job by a mutual friend or co-worker, so companies are looking to the service to attract new employees. So why not apply the same principal to those looking for a date?

Meet Sam Yagan, The “Nerd King Of Online Dating”

Match
  • Tuesday, November 19 2013 @ 07:12 am
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  • Views: 1,521

CNN Money has declared Sam Yagan, co-founder of OkCupid and CEO of Match Inc., the "nerd king of online dating." I can't say it's the most flattering nickname I've ever heard, but I'm pretty sure Sam is too busy taking Scrooge McDuck-style dives into piles of money to care what CNN thinks of him.

Nicknames aside, CNN and Fortune actually seem to think quite highly of Yagan, who was recently included in the '40 Under 40' list and profiled by the magazine.

Yagan's journey to become one of the most famous names in the online dating biz started with almost no dating at all: he was engaged to his high school sweetheart, and his first company was a CliffsNotes-alternative called SparkNotes. Both ventures went well: he is still married to his high school girlfriend, and SparkNotes sold to iTurf, Inc. for $30 million in 1999.

Everyone’s Freaking Out Over OkCupid’s A-List Membership

OkCupid
  • Monday, November 11 2013 @ 06:41 am
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  • Views: 3,047

Why is everyone suddenly upset about OkCupid's A-List membership? Anyone with the ability to read - which I assume is the vast majority of the OkCupid userbase - should have known long ago about the little quirk that's been getting everyone's goat this week.

Let me back up a little bit. OkCupid's best functionality, like pretty much every other dating site, is saved for its paying members. Members of OkCupid's A-List receive perks like the ability to browse profiles invisibly, proof that their messages have been opened, and special match search options. It's that last one that's got everybody up in arms all of a sudden.

James Cook of KernelMag.com recently wrote that, by paying the $4.95 monthly fee for A-List membership, you can "make all those fat, ugly people on the internet go away" and called OkCupid's premium search options "eyebrow-raising in an era of tolerance and political correctness."

Whew. Those are some seriously inflammatory, designed-to-cause-outrage-and-garner-clicks statements! But are they true?

Well, yeah, technically they are. A-List members can filter their search results based on body type, so yes - a user could filter out anyone who describes themselves as "overweight," "a little extra," "curvy," "full figured," or "used up." They can also filter their search results based on members' crowdsourced ratings so they are only shown profiles that receive 5/5 stars.

But I think it's shortsighted to focus only on that. Every other body type is also represented, so an A-List member could filter out anyone who describes themselves as "thin" or "skinny" just as easily (not everyone is into that, remember?). Or maybe you're not a fan of the bodybuilder, hyper-muscled physique. No problem - just filter out anyone who calls themselves "jacked."

The thing is, every single one of us is doing this in real life anyway, aren't we? Of course it's shallow - no one is denying that - but it's reality. We make snap judgments about potential dates based on what we are and aren't attracted to all the time. Would life be better if we didn't? Absolutely! But it's not happening any time soon, and I think it's unfair to fault people for having preferences as long as they aren't being narrow-minded jerks about it.

And if they are being narrow-minded jerks about it...well...there's another way to look at this A-List search "scandal." If you hate the idea of people being able to filter you out by your body type, think of it this way: they're simultaneously filtering themselves out of your life. They get what they want and you get fewer shallow jerks in your life...it's a win for everyone.

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