LAW360 – The CEO and several board directors of Bumble have been hit with a derivative shareholder suit in New York federal court alleging they made misleading statements in connection with a secondary public offering, which caused Bumble's stock to spiral downward, ultimately dropping by ~50% from the offering price.
Month: June 2022
Is Online Dating Recesion-proof?
BLOOMBERG – Evercore ISI Analyst Shweta Khajuria joins Emily Chang to discuss this pivotal time for dating apps as the world emerges from the pandemic – and why dating apps could be resilient to a recession.
The Future of Dating in the Metaverse
MEDIA POST – In general, the metaverse is years away from being a (virtual) reality. There have been official weddings in the metaverse, apps that pay users in crypto to date in the metaverse, and Match.com is preparing to expand into virtual worlds. We asked Zach Schleien, founder of video speed-dating app, Filteroff, what he thinks about dating in the metaverse.
Q: What is your vision for the metaverse dating?
A: It is still years away. Right now we're not playing in the metaverse, not until the technology improves to the point where audio can be spatial and video can be immersive.
Q: Where would your app start and end in the metaverse? Why leave the metaverse to go on a "real date" if it's a fully immersive experience?
A: We want users to meet and find their person. The metaverse, we believe, is just another medium – a more authentic medium when the technology advances – to see if you have chemistry.
Q: How soon do you see your company approaching a mixed-reality model?
A: Video is the one that makes the most sense now. In the future when the technology is there, we'll play there.
Q: Do you know if any brands are approaching dating apps in virtual worlds right now?
A: I've never heard of any video-dating company that's been successful in the metaverse. It's quite premature and doesn't lead to an authentic experience.
Q: What are the brand implications for dating in the metaverse?
A: You have to be really careful in terms of security and privacy.
Dating News Headlines: DNA Romance, Tinder
Quick links to today's dating news headlines.
Dating News Headlines: FilterOff, Match Group, Bumble, Muzz
Quick links to today's dating news headlines.
- Online Dating and the Texas Social Media Law – Bloomberg
- Q&A: the Future of Dating in the Metaverse – Media Post
- Former Zynga President Becomes CEO of Match Group – Bloomberg
- Bumble Execs Hit With Investor Suit Over Lackluster Offering – Law360
- Jamaat-e-Islami Wants Ban on Muslim Dating App Muzz in Pakistan – The Namal