Lauren Goode / Wired:
Match Group plans to add profile verification to Hinge in November, asking users to provide a video selfie, aiming to crack down on scammers — To combat the scourge of fake accounts, the dating site will ask users to prove their humanity by capturing a video selfie.
Ashley Gold / Axios:
Following tests on Instagram, Meta begins testing age verification tools on Facebook Dating, letting users upload IDs or video selfies screened by partner Yoti — Meta is testing age verification tools on Facebook Dating, a move the company says will make the product safer, per an announcement shared exclusively with Axios.
New York Times:
China has let dating apps flourish amid its crackdown on tech; data.ai: the number of dating apps with 1K+ downloads is up from 81 in 2017 to 275 in 2022 — China has cracked down on many tech companies, but has allowed dating apps that provide social connections to flourish.
Taylor Hatmaker / TechCrunch:
Fake Twitter accounts of athletes and other celebrities, some now suspended, are spreading fake announcements and chaos as paid Blue checkmarks become available — Elon Musk’s mercurial leadership and half-baked product plans are already creating fertile ground for confusion on Twitter.
Lauren Goode / Wired:
An interview with Max Levchin on Affirm, the US CFPB’s inquiry into BNPL services, problems with credit cards, the current economic environment, and more — The PayPal cofounder on why his “buy now, pay later” company Affirm is a healthier way to borrow, what caused the techlash, and Elon Musk’s Twitter.
Emily Bary / MarketWatch:
Match Group reports Q3 revenue up 1% YoY to $810M, vs. $793M est., paying users up 2% YoY to 16.5M, and plans investments in Hinge and The League; stock up 13%+ — Company plans to focus on ‘targeted, high-returning investments’ in Hinge and The League next year while monitoring headcount and marketing expenses
Alex Harring / CNBC:
LGBTQ dating app Grindr closed up 213.84% at $36.50 per share in its NYSE debut under the new ticker GRND following its SPAC merger — – Grindr surged in trading Friday in its first day under a new ticker following its merger with blank-check company Tiga.
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