United States

Following a devastating study by Brigham Young University which found that hundreds of instances of rape in Utah could be linked to dating apps, the state’s lawmakers are introducing legislation to help curb the problem.

According to The Salt Lake Tribune, under the proposed legislation, online dating platforms would be required to provide a list of safety measures as well as instructions for how users can report assaults. These companies will also be expected to notify members if background checks are conducted and if a user they’ve messaged has been banned from the app.

The legislation had been proposed before, but now is being reintroduced this legislative session by state Rep. Angela Romero, D-Salt Lake City, according to The Tribune.

Image: Vox Media

Vox Media’s award-winning podcast series Land of the Giants, which is about the biggest tech companies and their impact on our culture, will focus on dating apps for its second season.

Hosted by Lakshmi Rengarajan, who spent several years at Match Group, and The Cut’s Sangeeta Singh-Kurtz, the two explore the industry as a whole and the experience of dating app users. The series delves into how dating apps have changed how we approach dating, and how the dating app industry designs apps to keep people coming back.

The series was inspired by New York Magazine’s special issue evaluating the last ten years of dating apps, according to The Cut. After surveying thousands of daters about their experiences with popular dating apps like Tinder, Hinge and Bumble, New York Magazine found that people felt caught in a cycle where they enjoyed the swiping experience for a few weeks, but then when nothing much changed, they deleted their dating apps - only to return to them again.

After a rough patch at the end of November where the newly launched stock for dating app Grindr hit an all-time low, it is now looking more promising for potential investors.

Seeking Alpha reported that shares on November 29th opened at $8, reaching a high of $9 before falling to $6.52 in the late afternoon. The stock had only debuted on November 18, following its merger with SPAC Tiga Acquisition Corp which valued the combined company at $2.1 billion. Shares of the combined company rose over 500 percent before closing its first day at $36.50, but then plunged the next day and did not recover through the end of November and into December.

Grindr however released its third quarter earnings report in early December, noting that revenue for the quarter was up 32 percent year-over-year to $50.4 million, and year-to-date revenue was up to $140.5 million. 

An Illinois Court will hear a case against Match Group’s Tinder app over how it collects and stores the biometric data of its users.

According to Global Dating Insights, the way Tinder stores sensitive data such as physical characteristics and body measurements violate the state’s Biometric Information Privacy Act (BIPA). Tinder (and parent company Match Group) failed to gather signed consent from Illinois users before retaining facial scans. This data is collected as part of Tinder’s photo verification feature, a new safety measure launched by the company to help reduce fake profiles and potential scammers on the app.

Illinois has specific regulations regarding not only the storage of the biometric data, but also disclosing information to the user about how that data will be handled and managed. Specifically, the plaintiffs allege that Tinder’s process poses a security risk because of what might happen if the data were to be obtained by hackers. As Global Dating Insights points out, biometric data is extremely sensitive data as it is a permanent identifier of the user, as opposed to passwords which can be changed.

Match’s annual Singles in America study found that one in five singles are hesitant to have sex in the wake of the Supreme Court’s decision to overturn Roe vs. Wade, which protected abortion rights for women across the country. Singles are also changing their habits due to the rising costs associated with dating.

Match found that four out of every five respondents have adjusted their behavior as a result of the Supreme Court’s ruling, including increasing their use of condoms and having a greater fear of getting pregnant.

The survey found that seven in ten singles still maintain that sex is a good thing and improves their mental health, and 71 percent feel better after having sex. Still, they are more hesitant to have sex because of the Supreme Court decision. Many states are enacting legislation to either restrict or ban abortions altogether, placing more of a burden on single women who are of child-bearing age to seek medical care.

Dating app Grindr launched its initial public offering in mid-November and saw its stock quickly soar thanks to enthusiastic investors, and despite the recent downturn of tech and dating app markets. The stock rose more than 400 percent after it launched.

According to MarketWatch, the stock debuted at $16.90 on Friday November 18th, and hit a high of $71.51 before noon. It then closed out the day at $36.50. The LGBTQ+ dating app merged with Tiga Acquisition Corp, a special purpose acquisition company, and debuted that day on the NYSE under the symbols GRND and GRND.WS. Unfortunately, a week and a half later and now the stock has trading as low as $7.63.

"Today marks an important milestone not only for the team at Grindr, but for the LGBTQ community we serve," said Grindr's chief executive officer, George Arison, in a statement reported by NPR. "We enter the public markets with momentum, carried by our market leadership, strong financial performance and significant growth runway as we step up investment in our core product and services."