Tinder

At Facebook's annual developer conference F8, founder Mark Zuckerberg made an announcement that spread like an especially voracious wildfire across the web: Facebook is entering the dating game.

The news sparked immediate reactions from key players in the market.

Despite recently ditching the Facebook login requirement for its app, Bumble took a diplomatic approach. A spokesperson described the company as “thrilled”, telling CNNMoney “Our executive team has already reached out to Facebook to explore ways to collaborate. Perhaps Bumble and Facebook can join forces to make the connecting space even more safe and empowering.”

Other major dating players took a less enthusiastic path.

It’s been a tumultuous month for Match Group. The company’s share price dropped over 25% in the wake of Facebook's announcement that it was entering the online dating space, prompting CEO Mandy Ginsberg to assure users and investors that Match Group had little to fear from its new competitor.

“People don’t want to mix Facebook and their dating lives,” she said in an interview with Bloomberg.

She may be right. Looking at Match Group’s Q1 2018 Earning Results, also released this month, the company appears to be in a strong position despite the recent hit.

Did you eat at a new neighborhood cafe for lunch? Do you want to share this over Tinder? There’s a new feature the dating app is testing called “Places,” which lets potential matches know where you’ve been.

Website The Verge broke the story with screenshots of the new feature, showing how GPS tracking can now be used as a way to connect with your dates. The idea behind Places is similar to dating app Happn, where users can see if they had any missed connections during the day, depending on where they’d been. Let’s say you stopped for morning coffee at your local shop and one of your potential matches also happened to be there. Places will alert you so that you can message your match to let her know you were there too, and start a conversation.

Image: Verge

A concerning issue with the new feature is that Tinder is in charge of documenting and revealing your locations to other users. Instead of allowing users to “check in” when they want to share their location, Tinder automatically chooses to reveal or hide the location. For example, you might go to your dentist appointment and then stop for coffee on the way back to work. Tinder won’t report that you’ve been to the dentist, but it might choose to reveal the coffee shop you visited.

A Facebook engineer was fired for exploiting his position and access to personal information of Facebook users, according to website Tech Crunch. It’s reported that the firing resulted after the engineer’s messages with a match on Tinder were shared with company executives.

Over Twitter, Spyglass Security Founder Jackie Stokes revealed that someone she knew received “creepy messages” over Tinder, and she had confirmed it was an engineer employed by Facebook.

Stokes then posted a screenshot of the offender’s message, where he called himself a “professional stalker” and claimed to have access to the user’s personal data. He also shared private information about the user via their messages, information that she hadn’t shared publicly on social media.

It wasn’t long ago that dating services were seen as the last refuge of the lovelorn and desperate. Today online dating hasn’t merely shed its stigma, it’s a bona fide phenomenon and business appears to be booming.

According to a report from IBISWorld, annual revenue in the online dating industry has surpassed $3 billion. Dating services employed over 9,000 people worldwide in 2017 and have collectively seen an annual growth rate of +5.3% over the past five years.

Yet hardly a week goes by without someone publishing an article condemning digital dating for butchering our ability to have real relationships, and even major players like Match Group have fallen short of analysts’ expectations.

Tinder changed the game when it popularized the swipe. Now the company is hoping a new movement-based feature will keep it on top of the mobile dating heap. Introducing Loops, two-second looping videos that promise to put more personality in profiles and “set your swipe game in motion.”

“Loops represents the next step in the evolution of our classic profile,” Brian Norgard, Chief Product Officer at Tinder, said in a statement. “With the addition of video, users have a new way to express themselves while also gaining key insights into the lives of potential matches. Whether it’s dancing at a concert, doing cartwheels on the beach, or clinking glasses with friends, Loops makes profiles come alive.”

Like Vine (RIP) and Boomerang before them, Loops allow users to upload videos from their phone and trim the footage within the app. The result is a short, repetitive clip that gives users another way of expressing their most dateable selves.