Location

Grindr is set to sell for $608.5 million. The sale comes after the US government expressed national security concerns regarding Beijing Kunlun Tech’s ownership of the gay dating app. San Vicente Acquisition Partners — a group of entrepreneurs and investors in the technology, media and telecommunications industries — will acquire a 98.5 percent stake in Grindr in the deal. 

Kunlun is one of China’s largest mobile gaming companies. The company took a majority stake in Grindr in 2016 for $93 million. In 2018, Kunlun purchased the remaining percentage of the popular dating platform for $152 million. The agreement was met with apprehension on the part of journalists, China experts and former intelligence officials, who suggested that it put the Chinese government in a position to demand sensitive data about the app’s users, including those who are not Chinese citizens.

It’s the 2020 election season, and political campaigns are competing for young voters – and turning to dating apps Tinder and Bumble for help.

Young campaign volunteers are using dating apps to chat with their matches and advertise for their candidates over dating apps, according to International Business Times. Some are even springing for premium versions of Tinder so they can change location and engage voters in other states. Still other app users are advocating for more political engagement, including announcing in their profiles that they only date registered voters.

Bumble is shutting down gay dating app Chappy, part of the suite of dating apps under parent company Magic Lab. Bumble will integrate the service into its own app, effective February 28th.

According to Culture Map Austin, Bumble is encouraging Chappy users to download Bumble and try it out, offering them a week of its premium service for free. Chappy is no longer displaying profiles so essentially the search function is turned off. By the end of February, all of Chappy’s user information will disappear from the app.

Chappy posted an FAQ about the closure on its website, stating: “We’re joining Bumble because we have the opportunity to take what we’ve built together here to the next level by creating a space for healthy and safe connections across the LGBTQ+ spectrum. Bumble is committed to fighting all kinds of inequality, and we’re excited to land our spaceship safely in the Bumble Hive.”

Match Group reported annual earnings for 2019, and its star dating app Tinder came out on top with almost $1.2 billion in revenue for the year.

Tinder had on average 5.9 million subscribers in the fourth quarter of 2019, 36 percent more than the previous year according to The Verge. At the same time, Reuters reported in early February that Match Group missed its fourth quarter revenue estimates as subscriber growth on Tinder fell to its lowest since the fourth quarter of 2018, perhaps an early sign of market saturation. 

Facebook has been forced to delay the launch of its signature dating service in Europe after failing to provide the European Union data regulator with a required assessment of privacy risks to users. 

According to CNet, The Irish Data Protection Commission raised concerns about Facebook’s privacy practices, and whether the company complied with the European Union’s data protection rules, which are more stringent than those in the U.S. 

Under these new rules, companies considered to be “high risk” in the handling of personal information of users are required to conduct a data protection impact assessment (DPIA) prior to being approved. This includes a written report addressing and outlining potential privacy risks, which the agency said Facebook did not provide, even after the agency sent regulators to Facebook’s Dublin office to gather the required documentation, according to Tech Crunch. 

A committee from the U.S. House of Representatives is investigating popular dating apps such as Tinder, Bumble and OkCupid following a report that found underage users and sex offenders were using the apps.

According to a report from AP, the House Oversight and Reform subcommittee on economic and consumer policy sent separate letters on Thursday January 30th to Bumble, Grindr, The Meet Group, and Match Group (which owns Tinder and OkCupid among others). The letters asked for information on “users’ ages, procedures for verifying ages, and any complaints about assaults, rape or the use of the services by minors,” according to AP.

The subcommittee is also seeking additional information on privacy policies for each of the apps, and what users see when they are asked to review or accept such policies. Recently, dating apps have also come under fire for third-party sharing of personal data, where user information wouldn’t be protected by the dating app’s own privacy policy.