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☆ Match Group CEO says he has empathy for victims of romance scams but 'things happen in life'
▼ + stars: | 2024-04-29 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Romance scams typically targeting baby boomers and older generations are becoming increasingly popular on dating apps and websites, according to the Federal Trade Commission. Just last year, the FBI's Internet Crime Report estimated that Americans lost more than $650 million to romance scams. Bernard Kim, CEO of Match Group, spoke with CBS News on the growing threat of online romance scams carried out by people overseas. Match Group — which owns Match.com and Tinder — is the largest online dating company in the United States. Match Group did not immediately return a request for comment from Business Insider.

Persons: —, Bernard Kim, Kim, Grady Judd, Judd Organizations: Service, Federal Trade Commission, Business, FTC, Match, CBS News, CBS, Match Group Locations: United States, Polk County, Florida

☆ He Had Her at the Baby Moose
▼ + stars: | 2024-04-19 | by ( Tammy Lagorce | ) www.nytimes.com time to read: +1 min

In June 2021, Francis Charles Marley checked out Ashleé Michele Miller’s Match.com profile, but clicked away without so much as a like. She would have let it go if the app hadn’t pictured him cradling a baby moose in the middle of a raging Alaskan river. Ms. Miller, 35, was riding out the pandemic at her parents’ house in Reidsville, N.C., when Mr. Marley thumbed past her profile. In New York, where she had lived since 2006, sorting through men had started to feel like a part-time job. But in North Carolina, “my mom said, ‘You have to keep dating,’” she said.

Persons: Francis Charles Marley, Ashleé Michele Miller’s Match.com, Miller, Marley, ‘, ’ ”, “ Organizations: Juilliard, Adelphi University, City University of New, Deco Locations: Reidsville, N.C, Manhattan, City University of New York, New York, North Carolina, Massachusetts

☆ Barry Diller Bets on Media Veterans to Turn Around The Daily Beast
▼ + stars: | 2024-04-15 | by ( Benjamin Mullin | ) www.nytimes.com time to read: +1 min

The Daily Beast has long been an outlier in the digital empire of the billionaire Barry Diller. As sites like Match.com and Expedia made millions over the years, Mr. Diller’s digital tabloid lost money, publishing scoop after scoop but struggling to turn a profit. Mr. Sherwood and Ms. Coles will be granted an equity stake equivalent to roughly half of The Daily Beast, with IAC keeping the majority, according to a person familiar with the matter. Mr. Sherwood, 60, will be its chief executive and publisher, and Ms. Coles, 61, will be chief creative and content officer. The decision to bring in Mr. Sherwood and Ms. Coles came after Mr. Diller considered a sale of The Daily Beast and had conversations with various suitors.

Persons: Barry Diller, Expedia, Diller, he’s, Ben Sherwood, Joanna Coles, Sherwood, Coles, Janice Min Organizations: Disney ABC Television Group, Hearst Magazines, IAC, Daily, Hollywood, Ankler Media, The Hollywood Locations: Ben

☆ Jim and Pam Knew How to Survive a Soul-Crushing Office
▼ + stars: | 2024-04-08 | by ( Alexandra Molotkow | ) www.businessinsider.com time to read: +20 min

Office crushes, in all their mercurial glory and pain, continue to shape our working lives in deeply meaningful ways. But through all these changing norms, workplace crushes remain remarkably common. Jim, after all, doesn't even ask Pam on a date until the season-three finale of "The Office." That most workplace crushes never lead to consummated relationships doesn't make them any less powerful. An admitted serial crusher, she still gets work crushes — last year she counted "a solid eight."

Persons: Derek, Brendan, Michael Rosenfeld, Manny, Sean Horan, we're, she'd, Karis, Stefan, Darcy, —, Helen Fisher, Lakshmi Rengarajan, Rengarajan, smolder, Jim, Pam, I've, it's, I'd, Slack, Mikel Jaso, didn't, couldn't, weirdly, they'd, Johnny C, Taylor Jr, MeToo, Ayear, Tiana Reid, texted Derek, Alexandra Molotkow Organizations: Society for Human Resource Management, Stanford, Fairfield University, Match.com, BI Karis, Society for Human, York University Locations: New York City, Singapore, Brendan's, New York, Chicago, Toronto

☆ I chose to be a single mom at 36 and had 3 kids. When I got cancer, I worried about what would happen if I died.
▼ + stars: | 2024-03-17 | by ( Allison Langer | ) www.businessinsider.com time to read: +6 min

I wanted kids, and decided to have them on my own via an anonymous sperm donor. I wasn't worried about being a single mother until I was diagnosed with ovarian cancer. AdvertisementI wanted children more than anything. A man I'd dated and have remained friends with told me what I was doing wasn't fair to the children. AdvertisementA cancer diagnosis made me start thinking about the futureThe summer after I turned 51, I was diagnosed with ovarian cancer.

Persons: I'm, —, I'd, Kerrie, I've, We'd, we've, chemo, It's Organizations: Service, Cancer Research Alliance Locations: Match.com, chemo, North Carolina

☆ The operator of Tinder, Hinge, and OkCupid is being sued over claims it made them addictive and puts profit over love
▼ + stars: | 2024-02-15 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewThe operator of dating platforms Tinder, Hinge, and OkCupid is being sued over claims it makes its apps addictive and puts profit over love. Match Group did not immediately reply to Business Insider’s request for comments. Speaking to the outlet, a spokesperson for Match Group denied the allegations, saying the case was "ridiculous and has zero merit." Match Group owns the largest global portfolio of popular online dating services, including Tinder, Match.com, OkCupid, Hinge, Plenty of Fish, OurTime, and other dating brands, per its website . The group has hundreds of millions of reported users across its platforms, per its latest business overview, published in August 2023.

Persons: — Organizations: Service, Court, Northern, Northern District of, Business, NPR, Match Group Locations: Northern District, Northern District of California

☆ AI is shaking up online dating with chatbots that are 'flirty but not too flirty'
▼ + stars: | 2024-02-14 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

YourMove.AI, an AI dating tool that offers a range of services such as drafting messages, analyzing conversations and evaluating users' dating app profiles, has about 250,000 users, founder Dmitri Mirakyan estimates. Rizz, an AI dating assistant, debuted in 2022 after ChatGPT took off. Like in other areas, relying too much on AI in dating can cross the line into unethical behavior. Although the use of AI for dating purposes isn't necessarily all bad, he added, dating apps will still need to "tread with caution." WATCH: How I built my $400 million-a-year dating app

Persons: Stan Marsh, Clyde Donovan, Clyde, Stan, OpenAI, it's, Dmitri Mirakyan, YourMove, Mirakyan, ChatGPT, he'd, Roman Khaves, Josh Miller, Khaves, It's, Jonathan Raa, Alex Weitzman, Weitzman, They've, Gary Kremen, Kremen, Lisa Marie Bobby, Bobby, Renate Nyborg, Nyborg, Meeno Organizations: Nvidia, CNBC, Nurphoto, OpenAI's Locations: U.S, New York, chihuahua, Finland, Australia, New Zealand, Netherlands

☆ Match shares surge on report activist investor Elliott takes $1 billion stake
▼ + stars: | 2024-01-09 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Shares of Tinder owner Match jumped as much as 12% during Tuesday morning trading after The Wall Street Journal reported that Elliott Management, the activist investing firm behind campaigns at Salesforce and Pinterest , had built a roughly $1 billion stake in the online dating company. The company had a market cap of $10 billion at the close Monday, but that pales in comparison to its more than $45 billion market cap in 2021. Elliott is expected to engage with Match management, the Journal reported citing people familiar with the matter, but it was not clear if that engagement would include nominating its own directors. But the company reported a continued tumble in so-called Tinder payers in November when it reported third-quarter earnings. A spokesperson for Elliott Management was not immediately available for comment.

Persons: Gary Swidler, Greg Blatt, Sam Yagan, Nelson Griggs, Elliott, Jesse Cohn Organizations: Match, Match Group, Nasdaq, Street Journal, Elliott Management, JPMorgan, Phillips, CNBC, Citrix, eBay, Twitter Locations: New York City, Salesforce

☆ Why Mark Cuban is leaving 'Shark Tank'—and 3 of his biggest moments on the show
▼ + stars: | 2023-11-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +6 min

It's official: Mark Cuban says he's leaving ABC's "Shark Tank" after more than a decade on the show. His 12 years — and counting — on "Shark Tank" have produced memorable moments, ranging from laugh-inducing to heartstring-pulling. Here are three of the most notable ones:The largest offer in 'Shark Tank' historyDuring Season 6, Cuban made the biggest offer in "Shark Tank" history to Arum, Soo and Dawoon Kang, the sisters behind dating app Coffee Meets Bagel. "How many people can say they baited a Shark ... even better, the biggest Shark, and [still] came away with a deal?" Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

Persons: Mark Cuban, He's, he's, Dawoon Kang, Kang, Bagel, Cuban, Justin Crowe, Crowe, Lori Greiner, Kevin O'Leary, O'Leary, Donovan, Trey Brown, Barbara Corcoran, Warren Buffett Organizations: Hollywood, NBA's Dallas Mavericks, CNBC, Cuban, Sharks, Golden State Warriors, Mavericks Locations: Cuban, Los Angeles

☆ Five tips for dating in the digital age
▼ + stars: | 2023-11-25 | by ( Andrea Kane | ) edition.cnn.com time to read: +7 min

Each episode will focus on one of those states — the distracted brain, the frightened brain, the nourished brain, etc. She zeroed in on four brain systems: dopamine, serotonin, estrogen and testosterone. It contains the question: Have you ever met somebody whom you initially did not find attractive and eventually fell in love with? “So when you go on these introducing sites and you’ve just met somebody, you have very little information about them. And that’s exactly what we’re seeing.”We hope these five tips help you make the most of dating apps.

Persons: Sanjay Gupta, —, Helen Fisher, Fisher, ”, ” Fisher, Match.com, “, it’s, ‘, ’, …, you’ve, Ah, ’ ”, Don’t, ” “ They’ve Organizations: CNN, Kinsey Institute Locations: America

☆ Whitney Wolfe Herd Is Stepping Down as Bumble’s C.E.O. After a Decade
▼ + stars: | 2023-11-06 | by ( Jenny Gross | More About Jenny Gross | ) www.nytimes.com time to read: +1 min

Bumble, which requires women to make the first move, went public in 2021, briefly making Ms. Wolfe Herd one of the world’s few female billionaires, according to Bloomberg. As of June, the dating app had 2.5 million paying users, according to Bumble’s second-quarter earnings report. Bumble will report its third-quarter earnings on Tuesday. About a third of adults in the United States have used a dating app, according to a Pew Research Center survey conducted last year. The number of users paying for Tinder, fell 6 percent compared to the same period a year earlier, Match said.

Persons: Wolfe Herd, Bumble’s, Bumble, Morgan Stanley, Jones Organizations: Bloomberg, Pew Research Center, Match, Tinder, Salesforce, Microsoft, Wall Street Journal Locations: United States, Fish, Brazil

☆ Tinder thinks some people will pay almost $500 a month for more 'efficient ways to find connections' with its 'VIP' plan
▼ + stars: | 2023-09-23 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +2 min

Tinder has unveiled a new subscription option that costs nearly $500 a month. The subscription will allow users to access certain features like exclusive messaging services. Tinder Select has only been offered to 1% of users, per the company's website. Tinder Select is a "VIP" service that's only on offer to about 1% of the dating app's most active users, the company says on its website. Tinder offers three other paid subscription tiers: Tinder+, Tinder Gold, and Tinder Platinum, with prices starting from $24.99 a month, per Bloomberg.

Persons: Tinder, Skip, Mark Van Ryswyk Organizations: Service, Bloomberg, Match.com Locations: Wall, Silicon

☆ The No. 1 mistake people make on dating profiles: It's 'one of the biggest red flags,' says chief dating expert
▼ + stars: | 2023-06-13 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

When it comes to swiping through dating profiles, the balance between being discerning and openminded can be hard to strike. If you veto anyone who doesn't have what you consider to be a perfect profile, you'll never swipe right. "One of the biggest red flags for a dating profile is negativity," says Rachel DeAlto, chief dating expert at Match.com. 'You're setting yourself up for failure and heartache'What exactly does a negative profile look like? "You're setting yourself up for failure and some heartache if you're trying to connect with a person like that."

Persons: you'll, Rachel DeAlto, DeAlto

☆ Successful couples share 3 key values—forget 'opposites attract,' says dating expert
▼ + stars: | 2023-06-10 | by ( Aditi Shrikant | ) www.cnbc.com time to read: 1 min

Old adages are often rooted in timeless wisdom: where there's smoke there's fire, two wrongs don't make a right. But some truisms need to be put to rest, says Rachel DeAlto, chief dating expert at Match.com. When it comes to dating, if you want to find a long-term partner it might help to abandon the thought that "opposites attract." "Everyone thinks opposite attract, but the reality is similarities are what you can build a foundation on," she says. Three values in particular, she says, can determine whether a relationship is viable long-term.

Persons: Rachel DeAlto

☆ 'Beige flags' in your relationship: Why they're trending on TikTok and why not to 'hyperfocus' on them
▼ + stars: | 2023-06-09 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

"My girlfriend's beige flag is that she physically cannot survive without having something sweet after a meal." Declarations like these have swarmed TikTok, with users identifying not a partner's red or a green flags, but a more nuanced "beige" one. Unlike red or green flags, beige flags don't prompt action. There is potential danger in beige flags, though, if you get too obsessed with them, DeAlto says. "Because you could turn a beige flag into a deal breaker."

Persons: doesn't, Rachel DeAlto, DeAlto Organizations: Urban

☆ Match Group CEO spent $50,000 on 'Clash of Clans' in 3 months: 'I still look back at that with lots of shame'
▼ + stars: | 2023-03-16 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

CEO of Match Group Bernard Kim spent $50,000 on the mobile gaming app Clash of Clans. Speaking at a dating summit, Kim said the rewards of mobile gaming don't compare to those of of online dating. Kim was previously steeped in the mobile gaming industry as the president of mobile gaming group Zynga, known for creating Words With Friends. Like mobile games, many dating apps — including those in Match's portfolio — offer in-app purchases, including a new $50-per-month Hinge subscription. "I've personally spent $50,000 in three months in 'Clash of Clans,' and I still look back at that with lots of shame," he added.

☆ Premarket stocks: Why traders are so infatuated with inflation
▼ + stars: | 2023-02-14 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

What’s happening: Investors will get some market direction clarity on Tuesday morning with the release of key inflation data. It’s not all about the Fed: Traders are infatuated with CPI, but it’s likely going to affect markets more than it will future Fed policy. “CPI is the big inflation report that affects markets more than any other,” he said. Even beyond housing, the services sector has seen year-over-year inflation higher than 3.9% every month since March 2021, said Chaudhuri. And as Powell noted in Washington last week, the stickiness of core services inflation is his greatest concern.

☆ The 10 biggest losers in the S&P 500 this year have erased $1.6 trillion in market value
▼ + stars: | 2022-12-27 | by ( Carla Mozée | ) www.businessinsider.com time to read: +9 min

In a losing year for US stocks, here are the 10 biggest percentage decliners on the S&P 500. The 10 largest S&P 500 stock losers wiped out $1.6 trillion in market value. The 10 S&P 500 companies that have experienced the largest stock-price declines heading into the end of 2022 have wiped out a combined market value of more than $1.6 trillion. PayPalTicker: PYPLYTD Performance: -63.4%Market Value Decline: $142.49 billionLike many tech companies, the digital payments processor is seeing a slowdown after a pandemic boom. Photo by George Frey/Getty ImagesTicker: GNRCYTD Performance: -73.8%Market Value Decline: $16.6 billionMass COVID lockdowns helped sparked big demand for backup generators as people worked and studied at home.

☆ How a Dreaded Holiday Tradition Turned Into the Best One
▼ + stars: | 2022-12-16 | by ( Elisabeth Egan | ) www.nytimes.com time to read: +3 min

Elegant setting and gorgeous music notwithstanding, I started dreading the next year’s concert as soon as the first one ended. Of course I forgave the person who compiled the program; I hadn’t taken leave of all the pillars of Catholicism (just the guilt). Every time my mom left my house, she made sure I knew where to sit and how impossible it would be to park. We no longer need a babysitter, but we’re grateful for all the years she showed up with homemade meatballs. When they hit adolescence, she celebrated their independence, accepted their prickliness and embraced everything about them except their “godforsaken music.”

☆ I make $5,000 a month renting out baby gear on the platform BabyQuip. Here's how I set up this super flexible side gig.
▼ + stars: | 2022-10-18 | by ( Claire Turrell | ) www.businessinsider.com time to read: +6 min

This as-told-to essay is based on a conversation with Sarah Huff, a 38-year-old BabyQuip Quality Provider. Now I make an average of $5,000 a month renting out baby gear to traveling families. Babierge, which was just starting to branch out, had created a platform like Airbnb, but instead of showcasing houses, it showcased baby gear. After years of answering emails from new BabyQuip Quality Providers and running classes, in July 2020, I joined the BabyQuip corporate officeI now manage the BabyQuip Quality Providers. I earn a salary, but I still wanted to keep my BabyQuip business because I love it so much.

☆ I make 6 figures a month in revenue from baking. I started in my apartment 2 years ago — here's how a billboard helped me scale it.
▼ + stars: | 2022-07-08 | by ( Amber Sunner | ) www.businessinsider.com time to read: +6 min

I was the chief dating expert at Match.com when I started selling homemade, gut-friendly cookie bars out of my kitchen in June 2020. My gut issues materialized almost overnight in 2016 after an instance of food poisoning that never resolved itself. In 2020, I also began entering Facebook groups for people with gut issues. While driving around LA, I thought billboards would be a great way to normalize the conversation around gut issues. There was also a trend going around TikTok at the time about gorgeous girls having gut issues.

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