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.”
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
OpenAI could now be the world’s most valuable startup, ahead of Elon Musk’s SpaceX and TikTok parent company ByteDance, after a secondary stock sale designed to retain employees at the ChatGPT maker. Current and former OpenAI employees sold $6.6 billion in shares to a group of investors, pushing the privately held artificial intelligence company’s valuation to $500 billion, according to a source with knowledge of the deal who was not authorized to discuss it publicly. The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015.
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Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
YouTube will offer creators a way to rejoin the streaming platform if they were banned for violating COVID-19 and election misinformation policies that are no longer in effect.
