TECH CRUNCH – Apr 2 - Badoo is now powering HotOrNot. The financial terms were not disclosed. While Badoo bills itself more as a social network than a straight dating site, and Hotornot is more of a game-like ratings site, you can see how the two might complement each other as Badoo expands out the features it offers to users.
Month: April 2012
FriendFinder Networks Reports Q4 Financial Results
MARKETWATCH – Mar 30 – Q4 2011 revenue was $81.7M. The revenue was negatively impacted by a decrease in traffic and a decline in new subscribers and renewal orders primarily in European markets. Net loss was $10.2M. Revenue for the year ended December 31, 2011 was $331.3M. Net loss was $31.1M. Over the past 15 months, FriendFinder Networks has repaid $87.6M in outstanding debt. FriendFinder Networks' COO, Anthony Previte, will take on the additional role of President, effective March 30, 2012 and will became CEO, effective July 1, 2012. Current CEO Marc Bell will continue to dedicate a substantial portion of his time to the Company as Co-Chairman and Chief Strategy Officer.
The full article was originally published at MarketWatch, but is no longer available.
State Senate OKs Using 16PF5 Personality Test
OPW – Apr 1- Due to an increased divorce rate in West Virginia due to the hoax matchmaking methods used by online dating sites, the West Virginia Senate passed legislation requiring online dating sites to only use 16PF5 normative personality tests. The bill's sponsor, Sen. Sam Doorcraft appointed Fernando Ardenghi to advise dating sites to implement this new "online dating sound barrier breaking" matchmaking method. "The ensemble of the 16PF5 is: 10E16, big number as All World Population is nearly 7.0 * 10E9 (estimated OCT 2011) – expressing compatibility with eight decimals, like The pattern 6.7.6.8.9.6.7.7.8.7.2.5.8.7.3.4 is 92.55033557% +/- 0.00000001% similar to the pattern 7.7.6.8.8.7.6.5.8.7.4.5.7.7.3.4 Using a quantized pattern comparison method (part of pattern recognition by cross-correlation) to calculate similarity between prospective mates. That is the only way to revolutionize the Online Dating Industry", said Fernando. Sites that fail to follow the requirements will be shut down immediately.
Grindr, Blendr And Now, Hoovr
OPW – Apr 1 – To complete the lineup of household implements, the group that brought you Grindr and Blendr now brings you Hoovr. Grindr is the creme de la creme app for gays. Blendr was recently created for straight people. And now Joel Simkhai is announcing a new application for the rest called Hoovr. Joel stated, 'we felt the need to create an app for bisexuals, and really round out our offering of sexy household tools.'
Socks Need Love As Well
OPW – Apr 1 – WhiteSocksDating.com launches today. The site is aimed at matching lonely socks who lost their partners… in the washing process. Once they sign up, they can create a profile including their picture, size, color and other preferences such as brand or fabric. Only clean socks without holes are approved. Rock Wilhelm, CEO and founder of WhiteSocksDating.com, commented: "We are very happy that we can help millions of single socks find their partners so they don't end up being used for waxing the cars or as sock puppets. Nobody has ever figured out how to stop losing socks in the washing machine. You can put an even amount of socks into the washing machine, and come out with one sock missing." There were many solutions to this missing sock puzzle but nothing seemed to be working. "No more walking around with mismatched socks”, claims this new dating site for socks.