Coffee Meets Bagel Co-Founder Dishes on New Video Feature
In-person dating has become increasingly difficult, even though the market is saturated with digital dating apps.
Still, a Coffee Meets Bagel co-founder says that dating apps are not equipped to create genuine connections. Dawoon Kang told Cheddar that her dating site’s latest video feature may have the Midas Touch.
“Video is a tool that we are using to enable our users to share about themselves in a fun, playful way,” she said. “People are not experiencing real connections on the app.”
While Kang argues that some online daters aren’t that into these types of services, Pew Research reported that more people are using apps to find love. A 2016 report says that 41 percent of Americans know someone who dates online; and 29 percent know someone who has met a spouse or long-term partner digitally.
The company swears by video to create a greater impact on its users. After testing the new feature, which presents subscribers with a daily question they would answer via video, Coffee Meets Bagel reported that 37 percent of participants were “taken” by other users.
“We really want to have Coffee Meets Bagel to become a platform for real connections,” she said. “That starts with authentic sharing.”
Phoebe Gates and Sophia Kianni introduce Phia, a fashion tech startup that helps users find price comparisons and discover alternative options for apparel
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Microsoft says users of its Azure cloud portal may be not be able to access Office 365, Minecraft or other services due to issues with its global content delivery network services. The tech company posted a note to its Azure status page that its teams are currently deploying a fix to address the outage.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
A new poll finds that as the United States rapidly builds massive data centers for the development of artificial intelligence, many Americans are concerned about the environmental impact.
