Will Tinder’s Trouble Spread to IAC’s Online Dating Empire?
News from Businessweek:

For the young and single, Tinder is appealing as a phone-based way to find dates. Wall Street types find the app exciting for a completely different reason. Investors have been hoping Tinder’s success could lead IAC/InterActive (IACI), which owns Tinder, Match.com, and OkCupid, to spin off its online dating businesses into a separate company under the Match moniker. And that, in turn, would make IAC shares more valuable.

Tinder now finds itself in trouble. The startup is facing a sexual harassment and discrimination lawsuit from Whitney Wolfe, its former vice president who has a strong claim that she was one of the company’s founders. This could complicate what otherwise seemed to be a lucrative opportunity for IAC and its shareholders. “Given what’s going on at Tinder, I would a…………… continues on Businessweek

… Read the full article

Older people are turning to online dating
News from Live 5 News:

(CBS News) – According to the AARP, 45 percent of adults 65 and older are separated, divorced or widowed, and the 50-plus range represents the fastest growing segment of online daters. But many seniors are finding that dating landscape has dramatically changed in the digital age.

“I didn’t know if a relationship would be something I would even want.”

Two years after losing her husband, 73-year-old Judith Himber realized she did want something more.

“What was missing?” CBS reporter Michelle Miller said.

“Closeness, romance, a man,” Himber said.

Like a growing number of baby boomers that have gone through divorce or the death of a spouse, she turned to the internet.

“I went on line and I got nothing,” Himber said. “I checked in every morning. One hundred five people have looked at your profile. No one, no one favored it, no one winked, no one did anything. And I got used to it.”

Discouraged, she took a step back and gave a time honored tradition an old fashioned try.

“The two of you are a matchmaking team?” Miller said.

“We are a matchmaking team,” Richard Wolman said.

Peggy Wolman is a social worker, her husband, Richard, a psychologist. For nearly two decades, they’ve been working with singles looking for love.

The Wolmans say up to 30 percent of their new business is from old…………… continues on Live 5 News

… Read the full article