Tinder, the world’s largest dating app with more than 26 million daily users, launched Tinder Social on Thursday–a new feature that enables groups of friends to connect with other groups and make plans to meet for the night for a group activity.
“Tinder Social is designed to make it as easy as possible to plan your night, get out into the real world and meet new people,” said Sean Rad, CEO and co-founder of Tinder. “The new feature takes the Tinder experience to a new level, offering our users more ways to expand their social circles and interact with potential matches. We believe it’s the [...]
It seems like there has been rumor, news and other reports of Yahoo attempting to sell their business for a long time, but all that is apparently all coming to an end. People familiar with the situation are reporting that Verizon is purchasing Yahoo for $4.8 Billion. While it will need to go through regulatory approval and a few other steps, there doesn’t appear to be any significant obstacles to this deal.
While not really surprising, it is quite interesting that Verizon would want to buy Yahoo. The company will get a few different things that they were likely looking for, including Yahoo’s email service, which is used by 200+ million users each month.
They will [...]
Tumblr, which is owned by the struggling Yahoo, has just confirmed that they have had to turn to the Facebook ad network in order to fill their inventory of ads.
Yahoo bought Tumblr for $1.1 billion about three years ago, and while the site itself has grown significantly, the demand for its ads has lagged behind.
Marissa Mayer, the CEO of Yahoo, confirmed that since the end of Q2 2016 Yahoo has been selling Tumblr ads using the Facebook Audience Network.
In the call, Mayer said, “Our supply [on Tumblr], because it’s growing so quickly, is outpacing demand and is causing this monetization shortfall.”
The move really makes sense because Facebook has [...]