10 Stories Not To Miss On GDI This Week

gdi conference

  1. GDI Announces London Conference & New Startup Spotlight Competition – This year’s London conference will take place on Thursday 27th October and run from 10am — 4pm.
  2. Investment Firm PEAK6 Aims To Revive Spark Networks With $7.8m Investment And New CEO – The investment comes at a time when Spark has continued to perform poorly, with revenue for Q2 falling 8%.
  3. Bumble Launches New $9.99 Premium Service – The premium service will see the introduction of three new services, Bumble Boost, BeeLine and Unlimited Extends.
  4. Facebook Updates News Feed Algorithm Again To Promote More Informative Content – The change brings a new ranking system that aims to predict what is most informative to users, and places that content higher.
  5. SNAP Interactive’s Revenue & Subscriber Numbers Fall In Q2 – Snap reported total revenues of $2.6m, a decrease of $63,000 compared to the quarter before, and an 18% decrease compared to 2015.
  6. Instagram Starts Roll Out Of Business Tools – The photo-sharing app created the new business profiles to try and improve customer reach for brands on the app.
  7. Happn Launches New Invisible Homelessness Initiative – The dating app has teamed up with the Council To Homeless Persons in Australia to launch “Homeless Happns”.
  8. Woman Conned In Online Dating Scam Convicted Of Two Counts Of Money Laundering – Having been convinced by his promise that the two would be together, she sent £65,000 to an account in Ghana.
  9. New App Personality Match Tests Your Compatibility With Family & Friends – All users have to do is complete a simple questionnaire, before choosing who they want to compare their answers against.
  10. Personality-Focused Dating App Textdater Launches New £80,000 Seedrs Campaign – The startup is seeking £80,000 in investment, in return for 20% equity, at a valuation of £320,000.

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