10 Stories Not To Miss On GDI This Week
- 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.
- 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%.
- Bumble Launches New $9.99 Premium Service – The premium service will see the introduction of three new services, Bumble Boost, BeeLine and Unlimited Extends.
- 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.
- 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.
- 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.
- Happn Launches New Invisible Homelessness Initiative – The dating app has teamed up with the Council To Homeless Persons in Australia to launch “Homeless Happns”.
- 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.
- 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.
- 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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