The news: Instagram is testing a feature that lets users select their favorite movies, books, TV shows, games, and music to encourage intentional sharing and discovery. The offering, called Picks, then surfaces overlapping interests between friends to drive engagement. It’s still an internal prototype and isn’t being tested externally yet. Our take: Effectiveness will depend on user adoption, stickiness, and whether shared Picks sparks meaningful interaction or is perceived as just another data-harvesting ploy. If Picks launches, brands should be ready to experiment with interest-based messaging but prepare to navigate privacy sensitivities.
The news: Bumble laid off 30% of its staff and announced it’s returning to a “startup mentality” as dating app engagement declines. The announcement led its stock to rise 25% Wednesday. Bumble and the online dating industry as a whole are at an “inflection point,” CEO Whitney Wolfe Herd said in an employee memo. Our take: Unless Bumble successfully reinvests those cost savings into tangible user benefits—like better safety measures and more personalized matchmaking—it could lose relevance in a saturated, burning-out dating market.
Tech layoffs surge as AI eats middle management: Microsoft, LinkedIn, and others are slashing jobs to “flatten” org charts, raising concerns that generative AI's rise will echo the dot-com era's reckoning.
Tinder’s user base is shrinking, but AI-driven matching and profile optimization alongside a price increase could improve its bottom line—if Match Group reassures users about bias and privacy.
he policy targets deceptive practices, requiring companies to make it as easy to cancel as it is to sign up. Opponents say it’ll increase accidental unsubscribes.
Tinder is the go-to dating app among millennials and Gen Zers in the US, but when it comes to adults 50 and older, Match.com is the online platform of choice, per the Pew Research Center.
Dating apps Bumble and Hinge attracted more downloads worldwide in 2021 than the previous two years. Meanwhile, Tinder outpaced them both by at least 54 million downloads—albeit 8 million fewer downloads than its lead in 2020.
Dating apps are seeing an influx of new users as many continue to shelter in place. This year, we forecast there will be 26.6 million smartphone dating app users, according to our latest estimates. That’s an 18.4% increase from 2019.
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