App revenue tops $39 billion in first half of 2019, up 15% from first half of last year

App store spending is continuing to grow, although not as quickly as in years past. According to a new report from Sensor Tower, the iOS App Store and Google Play combined brought in $39.7 billion in worldwide app revenue in the first half of 2019 — that’s up 15.4% over the $34.4 billion seen during […]

Tinder becomes the top-grossing, non-game app in Q1 2019, ending Netflix’s reign

For the first time in years, Netflix is no longer the top grossing, non-game mobile app. Instead, that title now goes to dating app Tinder. The change in position is not surprising, given Netflix’s decision in December to stop paying the so-called “Apple tax.” That is, it no longer allows new users to sign up […]

Tinder agrees to settle age discrimination lawsuit

Tinder recently agreed to settle a $23 million class-action age discrimination lawsuit. The lawsuit, filed last April in California, alleged Tinder charged people over 30 years old twice the amount for its subscription services. The class consists of every person 29 years of age or older at the time who subscribed to Tinder Plus or […]

Facebook staff discussed selling API access to apps in 2012-2014

Following a flopped IPO in 2012, Facebook desperately brainstormed new ways to earn money. An employee of unknown rank sent an internal email suggesting Facebook charge developers $250,000 per year for access to its platform APIs for making apps that can ask users for access to their data. Employees also discussed offering Tinder extended access […]

Tinder now has 4.1M paying users, expects $800M in revenue this year

Facebook Dating is no challenger to Tinder-owner Match Group (NASDAQ: MTCH), which posted third-quarter earnings per share of 44 cents on Tuesday. The company, which owns several brands of internet dating services, including Tinder, Hinge, Ok Cupid and PlentyOfFish, surpassed analyst’s forecasted revenue of $437 million, reporting Q3 revenue of $444 million, a 29 percent […]

Valued at $500M, investors say HeadSpin is ‘one of the fastest-scaling software companies’ ever

HeadSpin has closed a $20 million Series B, valuing the provider of mobile application performance software at $500 million. New investors ICONIQ Capital, Battery Ventures and EQT Ventures participated in the funding round. Existing backers GV, Telstra Ventures, Danhua Capital, Nexus Ventures Partners and NextWorld Capital did not participate. The company emerged from stealth last […]

Tinder Loops, the dating app’s new video feature, rolls out globally

Tinder Loops, the recently announced video feature from Tinder, is today rolling out globally. Tinder has been testing this feature in Canada and Sweden since April, when it was first announced, and has rolled out to a few other markets since then. Today, Loops are available to Tinder users across the following markets: Japan, United […]

Bumble CEO Whitney Wolfe Herd is coming to Disrupt SF

Bumble founder and CEO Whitney Wolfe Herd has always done things her own way. Whether it’s standing up for her political beliefs, building a company with fully outsourced engineers or avoiding the usual startup fundraising runaround, Wolfe Herd follows her own instincts in building a business. Which is why we’re super excited to announce that […]

Are algorithms hacking our thoughts?

Adriana Stan Contributor Adriana Stan is the public relations director of W magazine and a writer on media, culture and technology. She is also the co-founder of the Interesting People in Interesting Times event series and podcast. More posts by this contributor Social media, politics, and the bubble of distraction Patterns, Predictability, and the Rise […]

Facebook engineer and ‘professional stalker’ reportedly fired over creepy Tinder messages

There’s no shortage of Facebook news this week on account of F8, but this creepy Facebook-adjacent event with a good outcome seems worth noting. An engineer accused of abusing his access to data at the company in Tinder messages has been fired, Facebook confirmed to TechCrunch today. The issue arose over the weekend: Jackie Stokes, […]