PRESSORACLE – Aug 18 – Match Group CEO Amanda Ginsberg sold 106,850 shares of the company's stock on Tuesday, August 14th. The shares were sold at an average price of $49.37, for a total transaction of $5,275,184.50. Following the sale, she now owns 62,682 shares in the company, valued at ~ $3M.
Month: August 2018
SeekingArrangement.com Goes After Alleged ‘Extortion’ Of Exposed Users
LAW.COM – Aug 18 – The suit claims that users of the site have had their photos and identities posted on PredatorExposed.com and PredatorAlerts.com, alongside allegations that they had attempted to pay for sex or made sexual advances to minors. The suit, filed Thursday in the U.S. District Court for the Northern District of California, alleges Arman Ali and his Bangladesh-based business D4 Solutions posed as women seeking sugar relationships to get personal information and photographs from men on SeekingArrangement.com. Men's photos, names, addresses and other identifying information were then allegedly sold to and posted on PredatorExposed.com and PredatorAlerts.com, alongside allegations that they had attempted to pay for sex or had made sexual advances to minors. The men were then "referred to the removal sites where they are told that the posting can be removed for a fee, which generally ranges from a few hundred to even thousands of dollars," the complaint states. SeekingArrangement's parent company Reflex Media said PredatorExposed.com and PredatorAlerts.com are "extortion sites" that have "caused harm to Reflex Media and the SA members". Many impacted users ended their subscription to SeekingArrangement.com.
by Caroline Spiezio
See full article at Law.com
IAC Stock Even More Enticing After Tinder Co-founders’ Lawsuit
CNBC – Aug 17 – Jim Cramer, the host of CNBC’s Mad Money and a co-founder of TheStreet, recommends buying IAC‘s stock, especially after a lawsuit from the co-founders of subsidiary Tinder caused shares to dip.
Political View Is Important In Dating, Survey Finds
INDEPENDENT.CO.UK – Aug 17 – Hinge is one of the first dating apps to integrate politics into its algorithm. If users choose to state their political beliefs, it will feature prominently on their profile under the 'virtues' section, in which users also state their education level and height. There are four options for them to choose from: 'liberal', 'moderate', 'conservative' and the ambiguous-yet-intriguing 'other'. According to Plenty of Fish, the majority of singles (59%) won't start a conversation with someone who's dating profile promotes an opposing political view. The survey also revealed that 44% of singles said they wouldn't date someone who voted for Trump.
by Olivia Petter
See full article at Independent.co.uk
Chinese Driver Turns Bus Into Free Matchmaking Agency
GBTIMES – Aug 15 – A Chinese bus driver helps his single passengers find that special someone by posting their personal information and contact details on his vehicle.
by Weida Li
See full article at GBTimes
Scam Victims Warn Fake Accounts Will Ruin Facebook’s Dating Site
THE NEXT WEB – Aug 17 – Kathy Kostrub-Waters and Bryan Denny are spending some of their free time finding fake accounts on Facebook. They regularly present Facebook with their findings, and each time are disappointed to find Facebook hasn't changed their approach. Says Denny: "The reality is this isn't my job or Kathy's. So I get really tired of 'Hey, thanks for the work – keep it up.' I'm like no, damnit, it's your job to do this." Denny, a retired member of the Armed Forces, is apparently a popular target for scammers, who steal photos of his attractive mug and use them to construct fake profiles on dating sites and Facebook. He found hundreds of Facebook profiles bearing his photo and those of his son. Now consider Facebook's intention to start a dating site. Various people from groups dedicated to finding and warning others about scam profiles, speaking with Huffington Post, called that idea "madness" and "a train wreck waiting to happen."
by Rachel Kaser
See full article at The Next Web
Online Dating In South Korea
by Catherine Chung
See full article at Korea Herald
Bumble Launches Influencer-Led Campaign
A Tinder VP Wrote A Heartfelt Email Before Being Put On Leave For Filing A $2B Lawsuit Against Match Group
BUSINESS INSIDER – Aug 16 – Tinder‘s marketing and communications chief Rosette Pambakian has reportedly been put on leave. She and three other staff ended up on leave after they sued the dating app’s owners for $2B. Pambakian wrote a heartfelt email to staff claiming it was important to “shine a light on the terrible practices I have witnessed from Match.” Pambakian said she had remained at Tinder because of her love for the company. IAC said the allegations raised in the lawsuit were “meritless” and it intends to “vigorously defend [itself] against them.”
by Jake Kanter
See full article at Business Insider
Brits Wait Until Date Four To Have Sex With New Partner
FEMALE FIRST – Aug 16 – Plenty of Fish has found that on average, people hold out until the fourth date to have sex with a new partner. Most people will wait until date number two to pucker up but at least a quarter steal a kiss on the first date.
