TECH CRUNCH – June 24 – Bond Capital founder and former Kleiner Perkins general partner Mary Meeker made her presentation onstage at Vox/Recode's Code Conference in Scottsdale, Ariz. on Tuesday. Meeker first crafted a report of this kind, which underlines the most important statistics and technology trends on the Internet, in 1995. This morning, Meeker highlighted slowed growth in e-commerce sales, increased Internet ad spending, data growth, as well as the rise of freemium subscription business models, telemedicine, photo-sharing, interactive gaming, the on-demand economy and more. Here's a look at all 333 slides.
Category: Outlets – Tech Crunch
Jewish Dating App JCrush Exposed User Data and Private Messages
TECH CRUNCH – June 4 – A security lapse at JCrush left a database open without a password, exposing sensitive user records and private messages to anyone who knew where to look. None of the data was encrypted. The records contained the user's name, gender, email address, IP address and geolocation, as well as their city, state and country, date of birth, sexual preferences, religious denomination and photos they use on JCrush. The records also show the user's Facebook ID, which points directly to their Facebook profile. It also includes the access token, which can be used to take over a JCrush user's account without needing their password. JCrush's parent company, Northsight Capital, said it was "aware" of the situation and "secured the database immediately when the problem occurred."
Tinder Is Preparing to Launch ‘Tinder Lite’
TECH CRUNCH – May 11 – Tinder is preparing to launch Tinder Lite in emerging markets. The light version will offer a smaller, more lightweight version of the current flagship app. Most major tech companies now offer "Lite" apps for the large and rapidly growing online user base coming from these emerging markets – and specifically India, as of late. For example, Google has a full suite of lightweight "Go"-branded apps, like Google Go, Gmail Go, Files Go, YouTube Go, Google Maps Go and Google Assistant Go. There's also Facebook Lite, Instagram Lite, Messenger Lite, Twitter Lite, Uber Lite, Spotify Lite and even TikTok Lite. The company didn't share an exact launch date for Tinder Lite, but, according to Match Group CEO Mandy Ginsberg, the app is "coming soon."
Tinder Launches ‘Festival Mode’ to Connect Music Festival Goers
Facebook Dating Opens to Friends With Secret Crush
by Josh Constine
See full article at Tech Crunch
Badoo & Bumble’s “Private Detector” Uses AI to Detect Dick Pics
by Lucas Matney
See full article at Tech Crunch
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Walt Disney and Badoo Join Companies Pledging Money to Rebuild Notre-Dame
TECH CRUNCH – Apr 17 – Walt Disney and dating app Badoo are the latest companies to pledge funds for the rebuilding of Notre-Dame after the historic cathedral sustained severe damage in a fire earlier this week. Disney is giving $5M, while Badoo will donate all of its April profits from its 22M users in France. In total, ~$1B in total has been pledged from individuals and companies. President Emmanuel Macron has set an ambitious five-year plan to restore Notre-Dame, though restoration experts say it may take as many as 15 years.
Tinder Becomes the Top-grossing, Non-game App in Q1 2019
TECH CRUNCH – Apr 12 – For the first time in years, Netflix is no longer the top grossing, non-game mobile app. That title now goes to Tinder. The change in position is not surprising, given Netflix's decision in December to stop paying the so-called "Apple tax." Netflix no longer allows new users to sign up and subscribe to its service through its app. Now, instead of giving up its 15 – 30% cut of subscription revenue, new users have to sign up through Netflix's website. Tinder saw revenue grow by 42% YOY to reach $260.7M, up from $183M in Q1 2018.
France’s Tax on Tech Giants Passes First Vote
TECH CRUNCH – Apr 10 – The lower house of the French parliament has voted in favor of the new tax on tech giants. Big tech companies that generate significant revenue in France will be taxed on their revenue generated in France. Economy Minister Bruno Le Maire has been lobbying other European countries so that big tech companies would stop optimizing their European corporate structure to lower their effective tax rate. This tax is specifically designed for tech companies in two categories – marketplace (Amazon, Uber, Airbnb) and advertising (Facebook, Google, Criteo). France expects to generate €400M in revenue with this new tax in 2019.
RIP Google+
TECH CRUNCH – Apr 3 – Google has now started deleting Google+ user accounts and their data.