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.”
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
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A group of book authors has reached a settlement with AI company Anthropic after suing for copyright infringement. A federal appeals court filing Tuesday said both sides have negotiated a proposed class settlement, with terms to be finalized next week. Anthropic declined to comment. A lawyer for the authors called it a "historic settlement." In June, a federal judge ruled that Anthropic didn't break the law by training its chatbot on copyrighted books. However, the company was still facing trial over acquiring those books from online "shadow libraries" of pirated copies.