Co-founders of Tinder and eight other former and current executives of the popular dating app are suing the service’s current owners, alleging that they manipulated the valuation of the company to deny them of billions of dollars they were owed. The plaintiffs are represented by Orin Snyder of Gibson Dunn, who has represented some of the biggest companies in tech, including Facebook, Apple and Uber. The dispute centers on an analysis of Tinder done in by Wall Street banks to set a value for stock options received by Sean Rad, a Tinder co-founder, and other early employees. We will update this story when or if we get one. The suit charges that executives with Match and IAC deliberately manipulated the data given to the banks, overestimating expenses and underestimating potential revenue growth, in order to keep the valuation artificially low. That manipulation allegedly deprived some early Tinder employees of millions, or billions, of dollars. They manipulated financial data, and essentially stole billions of dollars by not paying us what they contractually owe us,” Rad said in an interview with CNN. The price of both stocks slumped immediately after the suit was filed. Tinder’s success is driving much of that value.
CNN — As an activist, Nandini Jammi has become accustomed to getting harassed online, often by faceless social media accounts. But this time was different: a menacing tweet was sent her way from an account with a profile picture of a woman with blonde hair and a beaming smile. The implication seemed clear. Jammi told CNN Business she never actively used the online dating account.
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Richard Yaw Dorpe of Ghana is charged with wire and mail fraud in U. District Court in Norfolk. The case was just unsealed Wednesday. Investigators say Dorpe pretended to be a widower from Virginia Beach when he met the victim, identified only as E. Dorpe went by Jerry Linus or Nils, and sent E. Their initial communication began through the dating site Ourtime. The two began exchanging messages and phone calls, with Dorpe using an area code making it seem like he was calling from Northern Virginia.
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The researchers did not name the dating service due to a nondisclosure agreement they signed with the company, Bruch said.
Fauci cautions lonely Americans to invite Tinder dates over ‘if you’re willing to take a risk’
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Formula — Fast-growing app Tinder lets users build profiles by importing photos and interests from their Facebook accounts. The app will then love nearby matches — possibly even down your street or across the bar — fitting your search criteria. Users swipe right if they’re interested and left if they want to reject online match.
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Online dating app Tinder adds new safety features
Online dating dangers: Man swindles woman out of more than $,, feds say. By: CNN Wire. Posted at PM, Oct 03, Their initial communication began through the dating site Ourtime. The two began exchanging.
Tinder is following in Uber’s lead in adding in-app safety features for dates that become unsafe. The dating app is adding new safety features, including a panic button that alerts safety authorities if something goes wrong during a date. Tinder has also added the ability to check-in, telling friends where the daters are. Match, the dating conglomerate that owns Tinder , will roll out the new tools to its other U. The company also owns OkCupid, Hinge and the flagship Match.
The tools will be powered by Noonlight, a safety platform that Tinder made an investment in.