Tinder

Curious to find out if that’s really Leo DiCaprio or Hilary Duff using Tinder? Now, you can rest assured that either it’s a fake, or yes – your favorite celebrity is really on Tinder. (And maybe there’s a chance for a mutual swipe right...)

The latest update to Tinder brings with it a much-anticipated feature: verified profiles. But the verification in its current state doesn’t extend to all users. Specifically, Tinder verifies the authenticity of well-known people who are using the service, whom Tinder describes as “notable public figures, celebrities and athletes.” Following in the steps of Twitter, Facebook and Instagram, Tinder will now add the recognizable blue and white checkmark badge to all verified celebrity profiles.

Tinder has been known to have problems with spam bots and fake profiles in its database, which has raised concerns among many in terms of its cybersecurity and the potential for its users to be catfished. One example is the number of fake profiles set up by prostitutes, who offer prices for their services should you swipe right on their profile. Other red flags have been raised when some companies advertising their services began using fake profiles to entice customers, without Tinder's approval.

But the real concern among Tinder management was not the safety and security of every day users – it was the fact that celebrities weren’t getting many matches because nobody believed their profiles were real.

So, the new feature came about not because of complaints or requests from the general population of Tinder users, but at the request of celebrity clients using the service. As Rosette Pambakian, vice president of global communications and branding at Tinder, told The Huffington Post: “Many celebrities were telling us that no one believes it is really them on Tinder, so we launched verified profiles to authentic users who are notable public figures.”

So how does the verified profiles feature work? Celebrities can email verified@tinder.com to be considered for the badge, and Tinder will review requests on a case-by-case basis. If you're not a celebrity don’t try to submit one yourself, because for now, only notable public figures will be considered. But if you’re Heidi Klum or a single politician? That’s a different story.

So what does this mean for the average Tinder user? Not much has changed. While you won’t be able to tell if the average profile you are looking at is a real person or a scam, you will be able to tell if Brittany Spears or Lindsay Lohan shows up as your match. They will be marked verified.

To find out more about this service please read our review of Tinder.

If only all breakups ended as well as this one.

IAC/InterActiveCorp announced recently that Match.com, Tinder, OkCupid, and other dating services would become part of their own spinoff unit. The subsidiary will be called The Match Group and will be a publically traded company. Following the news, shares of IAC rose over 5%.

According to the announcement, The Match Group is likely to issue less than 20% of its common stock. The IPO is expected to be completed in the fourth quarter of this year, after which investors will be able to buy stock in the company. So far, the ticker symbol (the three-or-four letter identifications that represent companies on stock exchanges) is unknown.

The Match Group is starting out on top. IAC/InteractiveCorp is a $6 billion media conglomerate, and revenue of the new Match Group accounted for nearly one third of IAC's total revenue in the most recent quarter.

Last quarter, The Match Group reported revenues of $239.2 million, marking an increase of 13% on a year-over-year basis. Reports say Match Group’s revenues are expected to increase 18% in 2015, bringing the number to $1.24 billion.

The hope with separating the Match Group, and combining more established businesses (like Match and Meetic) with earlier stage businesses (like Tinder), is that the move will lead to significant cash flow generation and meaningful growth potential.

Or, as Chariman and Senior Executive Barry Diller colorfully put it, “I'm not a believer in simply agglomerating assets in perpetuity. I've long felt that as entities grow into size and maturity it's healthy to give them separation and independence from a mother church."

It's an exciting time for the industry, but dating services haven't always done well on Wall Street. AshleyMadison forfeited an IPO in 2011. Zoosk filed for an IPO in April 2014, but withdrew the application in May 2015. Hinge, on the other hand, skipped the IPO entirely, instead relying on raising capital from venture capitalists. In 2014, Hinge had raised $12 million.

The Match Group will also face stiff competition from other key listed players like Spark Networks and Jiayuan.com. Still, IAC believes this IPO can give new life to the Group. Estimated EBITDA for The Match Group in 2015 is $264.9 million – and that's excluding the $75 million EBITDA anticipated from Tinder alone.

A well-received IPO could not only put IAC significantly ahead of its competitors, but also serve as a litmus test for the entire dating industry.

IAC is no doubt a leader in the dating market, with such prominent online dating brands as Match.com, Tinder, and OkCupid, which make up a company subsidiary called The Match Group.

The Match Group has announced its plans to launch its first IPO, making the company available for investment dollars from the general public. Match.com has long been a cash cow in the online dating industry with its paid subscription service, and Tinder with its new premium paid service has been reported to be worth about $1 billion by the end of the year. In fact, the combined revenues of all the companies in The Match Group accounted for nearly one third of IAC's overall revenue in the most recent quarter. They're also growing rapidly, surging 13% year-over-year in the most recent quarter to about $239 million.

Greg Blatt, Chairman of The Match Group said in a statement: "The Match Group is poised for substantial growth in the coming years. The dating industry has come a long way since its inception, but the category remains underpenetrated.  We believe the combination of our more established businesses such as Match, Meetic, and OurTime, and earlier stage businesses such as Tinder and OkCupid, creates an attractive combination of significant cash flow generation, strong margins and meaningful growth potential.” 

This comes at a good time, as Zoosk recently pulled its plans to launch an IPO, leaving the dating space wide open for potential investors. Ashley Madison, a dating site for infidelity, was quick to throw its hat in the ring, too. They are planning a second attempt at an IPO for later this year after a forfeited attempt in 2011.

The Match Group joins other prominent and publicly traded online dating services, notably Spark Networks, which owns several niche dating sites such as JDate, Christian Mingle, and BlackSingles.com, as well as Jiayuan.com, the largest online dating site in China.

After the IPO, investors will be able to buy stock in the company, although the ticker symbol is not yet known. Notably, IAC made the decision to split The Match Group from its parent company to do the IPO.

Barry Diller, IAC’s Chairman and Senior Executive said in a statement: "As many know from our actions over the last 20 years, I'm not a believer in simply agglomerating assets in perpetuity.  I've long felt that as entities grow into size and maturity it's healthy to give them separation and independence from a mother church.”

Tinder is looking to make a new kind of match: the kind between advertisers and consumers.

Since Tinder's launch in 2012, it has remained a largely ad-free space. Users had plenty to love about that approach, but the model was less successful for a company in need of revenue. To fix the earnings issue, Tinder is joining the trend of dating services offering purchasable ad space.

It's an expected move for Tinder, but a big one nonetheless, and it's uncertain how users will respond. On one hand, an ad-free user experience is preferable because it is seamless and free of annoyance.

On the other hand, users are hardly ignorant to the business side of the services they use. Most understand that a company like Tinder needs money in order to continue, and that selling ad space is an effective way to generate revenue. If advertising allows the app to remain free to download, it’s a reasonable concession for a customer to make.

The question becomes “How will Tinder introduce advertisements in order to minimize backlash?” The app's interface is not conducive to unobtrusive advertising. Facebook Newsfeed ads are easy to scroll past and therefore minimally disruptive, but Tinder doesn't have that option.

An advertisement slipped directly into a user's personal profile would compromise their ability to present themselves accurately on the app. Instead, Tinder will have to create ads that mimic profiles – they'll take up the entire screen, and users will swipe into and out of them. The challenge for brands will be to take advantage of this, by creating thematically relevant advertising content.

Another eye-catching strategy means using video (again with thematic relevance to users). Video could be considered unnecessarily disruptive, so brands will have to tread carefully. Knowing both their own demographic and Tinder's demographic – and making sure they align – will be key. Video ads are a riskier move for Tinder as well, as users may find them too irritating.

How users respond to these kinds of ads remains to be seen, but the experiment is an intriguing one. It’s clear that both Tinder and the advertisers are venturing into largely unexplored territory. OkCupid has seen brands successfully create thematically relevant ad content on its site, while companies like Match and Meet Me have had ads included in their applications for years, but it is still a relatively new practice.

Tinder's audience of tech-savvy millennials may also present a unique set of challenges. It will be interesting to see which strategies prove most effective for that highly sought after market.

Popular dating apps like Tinder and Grindr have a reputation of being so-called "hook-up" apps. While more and more people are turning to dating apps to meet singles for long-term love and/ or a casual affair, this trend appears to coincide with a rise in the rates of syphilis and HIV, too.

Public health officials in Rhode Island released a health report last week stating that there has been a 79% rise in syphilis cases in the state between 2013 and 2014, and that it’s attributable in part to the use of social media and dating apps to arrange casual or anonymous hookups. People having unprotected sex, multiple sex partners, and having sex under the influence of drugs and alcohol were also cited as reasons for the increase in STDs.

“These new data underscore the importance of encouraging young people to begin talking to a doctor, nurse, or health educator about sexual health before becoming sexually active and especially after becoming sexually active,” Rosemary Reilly-Chamma of the Rhode Island Department of Education said in the report.

A rise in STDs, particularly HIV and syphilis, were also reported in New York, Utah, and Texas, where officials have warned of increased risk of transmission. The New York City Health Department announced earlier this year that men in the neighborhood of Chelsea had the highest infection rate of syphilis in the country.

Anindya Ghose, co-author of a study that monitored the rise of STDs along with the launch of Craiglist personals ads, believes that online dating apps have had a similar effect. "Basically what the Internet does is makes it a lot easier to find a casual partner," he told VICE News. "Without the Internet you'd have to put effort into casual relationships, chatting with someone at the bar or hanging out in places, but these platforms make it a lot more convenient and easy. That's essentially what the primary driver is."

Others disagree, citing a lack of education and resources, especially for young people, the largest group at risk. They argue that community health providers, doctors, and even schools should educate people about the risks of not using condoms and other protection when engaging in casual sex. Access to condoms and affordable healthcare are two big concerns.

Social media and dating apps make it easier to meet people, but they didn’t create the problem of STD risk. They magnified a problem that already existed – casual sexual encounters without adequate knowledge of safety and protection leave people vulnerable to risk.

You've heard of wearing your heart on your sleeve, but how about wearing your heart on your wrist?

Purchase an Apple Watch and you could do exactly that.

Tim Cook called the gadget Apple's “most personal device yet,” so naturally developers jumped at the chance to make it even more personal. The smartwatch won't only shake up how we keep time, but perhaps also how we find love on-the-go.

Several of the biggest players in the online dating game were quick to introduce apps when the Apple Watch launched back in April. Match.com, OkCupid, and Tinder (coincidentally – or not – owned by the same parent company) all released apps designed for the device. Each one is an easy extension of your regular online or mobile dating activity.

But it's not just the biggies who are getting in on the ground floor. A few lesser-known dating services have also sprung up for the smartwatch.

1. Watchme88: This watch-first app helps users meet other users nearby in real-time. Set your preferences (gender, location, age) and when a match shows up within the specified radar, both Apple Watches start to glow. If you're shy, you can send your match a message or a wink before approaching in person.
2. Jack'd: Jack’d claims to be the first Apple Watch app for guys looking to meet guys. Users receive notifications in real-time whenever their profile is viewed by someone nearby. The app also offers key insights on who’s viewed your profile and other revealing stats.
3. The Inner Circle: Think you have what it takes to be part of the inner circle? If the answer is yes, try out this app, which prescreens members to “maintain the highest quality.” The Inner Circle has been featured in Cosmopolitan, Men's Health, ELLE and more.
4. PlanetRomeo: PlanetRomeo claims to be one of the world’s largest online dating and social platforms for the gay/bi male and transgender communities. Use your Apple Watch to browse profiles, read messages, and save users to your favorites so you'll be notified when they're online.
5. Close Encounter by 3nder: Feeling adventurous? Try a “real-time blind dating app for open-minded people.” The app does away with profile photos to focus on personality. Your watch will vibrate when a potential match is nearby, then you can decide whether to reveal your location. Close Encounter doesn't exist quite yet, but you can read more about its proposed features on Medium.

Or maybe you're not into the big names or the underdogs. In that case, you have a solid middle-of-the-road option in Coffee Meets Bagel. The company released an Apple Watch version of its popular app that simplifies the dating process by focusing on only one potential match each day.