The Meet Group

The OASIS Consortium published its first set of safety standards for the next generation of the Web, which includes the metaverse. The goal is to create a blueprint for how companies and developers should approach online safety going forward.

The Consortium was founded in 2021 shortly after the insurrection at the Capitol in the U.S., a day where a mob terrorized and threatened lawmakers ahead of the certification of Biden as President. Investigations into the riot have shown how social media, particularly Facebook and its outsized influence, has helped to radicalize people when it comes to their political viewpoints.

According to Time Magazine, The Consortium addresses issues across a number of tech industries, including dating apps, video games, and immersive tech platforms that are leading the way into the metaverse, or what’s called Web 3.0. Leaders from Riot Games, The Meet Group (which owns dating apps like MeetMe, LOVOO, Growlr, and Skout) and others have helped to develop these standards for improving safety and privacy as people spend more time online.

ParshipMeet Group, parent company for popular dating apps like eHarmony, MeetMe and Skout, has started preparations for its initial public offering, notably on the heels of Bumble going public earlier this year.

According to Reuters, ParshipMeet Group’s IPO is scheduled for the first half of 2022, but there is some speculation that it may be pushed back in light of Bumble’s falling stock price in recent weeks. ParshipMeet is estimated to be worth upward of $4.1 billion, based on its core earnings, and the company reported revenues of 280 million euros for the first half of the year, up 19 percent.

ParshipMeet is 43 percent owned by General Atlantic and 53 percent by German broadcaster ProSiebenSat.1 Media. These co-owners have begun to invite banks to help organize the initial public offering, but the company has not confirmed who they have invited or begun working with.

The Meet Group has announced that it has added a 3D face authentication-powered verification badge to its platforms. The new badge will use AI technology in authenticating that the account belongs to a real person.

The activation process begins when a user chooses the badge, prompting them to take a selfie in that moment. The AI software from FaceTec then scans and confirms the authenticity of the selfie to “confirm the user’s physical living presence, and perform age estimation” according to Mobile ID World. This is a strategy to prevent underage users and those who engage in catfishing with fake profiles from using the app.

Pakistan has banned five apps on the grounds of having “indecent and immoral content,” including popular dating app Tinder and gay dating app Grindr.

According to CNN Business, the country’s oversight agency for Telecom services, The Pakistan Telecommunication Authority, also blocked Tagged, Skout, and SayHi, noting that these apps had violated local laws. The Authority said it had given notice to these companies to remove the dating services and to moderate livestream content on their platforms. When the companies didn’t respond in enough time, it blocked them.

The Meet Group’s revenue and profits soared past original milestones for Q2 of this year, thanks in part to so many singles turning to dating apps during coronavirus lockdowns.

The company beat Wall Street estimates, with net income at $10.3 million, up from $2.2 million in the same period last year. This was a huge jump – resulting in a 373% increase in profits for the company. According to Philadelphia Business Journal, The Meet Group did not conduct an earnings call with investors over Q2 results, nor did they speak to the publication about the increase, and what part of its business was generating the most income.

Dating app Plenty of Fish has added a new game called Blind Date to POF Live!, a streaming platform for its users.

Blind Date is a twist on the traditional real-life experience, according to the company’s blog post. Instead of seeing your date for the first time when you meet, your virtual “blind dates” are blurred out so you can’t see who you’re chatting with – so personality and conversational skills are front and center. Each virtual date is timed, and as you chat longer, your date becomes less blurred. At the end of the timed chat or when you choose to message them, your blind date’s image is revealed.

In order to play Blind Date, you can join Live! via the POF home screen on the app. When you’re in Live! select DATE, which will take you to NextDate so you can scroll through users who are playing Blind Date. These users who are actively playing are highlighted, so you can join their stream and play, too.