BUSINESS INSIDER – Aug 3 – A Belgian member of the European Parliament, is accusing Tinder of violating EU law by saying it might re-use users' photos after their accounts are deactivated, MEP alleges. The MEP is calling for the European Commission to open an investigation into Tinder.
Category: Reporters – Rob Price
Money Transfer App TransferWise Refused 3nder Business
BUSINESS INSIDER – Mar 31 – The CEO of a polyamorous dating app 3nder is accusing TransferWise of 'double standards' for refusing him service. TransferWise is known for its provocative publicity stunts. In January 2015, the Estonian money transfer app sent a dozen nearly naked employees running through London to protest banks' "unfair exchange rates." TransferWise refused to let the company open a business account because of the "nature of the business".
A Former Ashley Madison CTO Wants To Sue A Journalist Who Says He Hacked Nerve.com
BUSINESS INSIDER – Sep 10 – Raja Bhatia, former AM CTO, is threatening to sue tech blogger Brian Krebs who published a story titled "Leaked AshleyMadison Emails Suggest Execs Hacked Competitors." Bhatia, who left Avid Life Media in 2009, denies the claims. Krebs reported that in Nov 2012, Bhatia told Biderman that he had discovered a "huge security hole" in Nerve.com. He said that he had "access to all their user records including emails, encrypted password, if they purchased or not, who they talked to, what their search preferences are, last login, fraud risk profile, who they blocked or are blocked from, photo uploads, etc."
Grindr’s Revenue Expected To Reach $38M
BUSINESS INSIDER – Aug 27 – This month, hackers of AshleyMadison.com began to leak internal company data online, which also includes sensitive documents and the emails of CEO Noel Biderman. Included within Biderman's email correspondence is a "Management Presentation" for Grindr, created in June 2015. Accoring to the presentation, Grindr is expected to generate $38.1M this year. By the end of 2018, it predicts annual revenues ~$77M. Grindr claims that the average daily time its users spend on the app is 54 minutes daily, compared to Facebook's 42.1 minutes.
by Rob Price
See full article at Business Insider