LONDON — Facebook announced Thursday that it has expanded its dating service to Europe, a little over a year after it launched in the U.S.
The platform, known simply as “Facebook Dating,” is designed to help Facebook users find partners through things they have in common such as interests, events and groups. Those wanting to opt-in to the service, which has a dedicated space in the Facebook app, must set up a Facebook Dating profile.
Once registered, Facebook users can share personal “Stories” on their dating profile, as well as Stories from their main Facebook or Instagram account.”(assume end quote here?)
There’s also a “Secret Crush” feature that enables users to select up nine Facebook friends or Instagram followers that they’re interested in. If one of those people also selects you as their crush then a match is generated. Here is a bit more on how it all works.
Julia Portelly, a 26-year-old PR consultant, told CNBC that she’ll definitely have a “poke around” the new dating service despite not using Facebook much these days. “I’m wondering if they [Facebook] will bring something completely new to the game, or just pinch features and repurpose them?” she said.
PR consultant Julia Portelly says she plans to “poke around” on Facebook Dating.
Another dating app user said: “I don’t use Facebook much anymore and I don’t know if I trust their ability to check people’s identities, so probably not for me.”
Unlike other dating services such as Tinder, Hinge, and Bumble, the Facebook Dating feature is completely free to use, with no premium offering.
A single male teacher in his early 30s told CNBC: “So many services these days taunt you with potential matches but then hide them behind paywalls. Set love free I say — I’m ready for Facebook to help set this straight.”
Dating has been upended by the coronavirus pandemic, with lockdowns and social distancing measures making in-person dates difficult in countries around the world. Politicians have faced tricky questions on the matter, with U.K. Prime Minister Boris Johnson last week saying “sex indoors” is banned for couples living in separate households in certain parts of the country.
Facebook said it is in the process of rolling out a feature that will allow singles who have matched on Facebook Dating to have video chats.
First announced at Facebook’s F8 developer conference in May 2018, the dating feature launched in the U.S. in September 2019, immediately sending shares in Match, which owns dating app Tinder, down 4.5%. The service is now available in 52 countries worldwide including 32 in Europe.
Facebook claims that the platform has generated 1.5 billion matches across 20 countries since it launched. The company did not immediately respond when CNBC asked how many of its users have opted-in to Facebook Dating.
Shaz Younas, chief executive and founder of Muslim dating app muzmatch, said Facebook Dating has been a bit of a “non-event” so far.
“Match group stock dipped when it was announced but quickly recovered,” said Younas, a former investment banker with Morgan Stanley. “Facebook branding isn’t great, but it cannot be underestimated.”
“Facebook’s ability to match . . . individuals based on their actual behavior is unparalleled. That is a real edge for them that no one can match. Even if 1% of their userbase uses it, that is still a wildly successful product purely based on their size. That said, as has been shown in the dating world, dating app members are often on multiple platforms, so anything to normalise people using dating app products only helps the sector too.”
Google and Facebook to be scrutinized by new U.K. unit from next year
Mark Zuckerberg, Chairman and Chief Executive Officer of Facebook, arrives to testify during the House Financial Services hearing on An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors on Wednesday, Oct. 23, 2019.
Bill Clark | CQ-Roll Call, Inc. | Getty Images
LONDON — The U.K. on Friday said a new government unit will work to tackle ongoing concerns about a concentration of power among a small number of tech giants.
The Department for Digital, Culture, Media and Sport said it plans to create a Digital Markets Unit (DMU) to enforce “a new code to govern the behavior of platforms that currently dominate the market, such as Google and Facebook.”
The code is designed to ensure that consumers, small businesses, and news publishers aren’t disadvantaged by actions taken by tech giants, the government said.
Under the new code, some of the world’s biggest tech companies may have to be more transparent about the services they provide and how they use consumers’ data. They may also be forced to give consumers a choice over whether to receive personalized advertising, and they won’t be able to place restrictions on customers that make it difficult for them to use rival platforms.
The DMU, which will be part of the Competition and Markets Authority (CMA), will start work in April 2021.
The government said the DMU may be given the unit the power to suspend, block and reverse decisions made by large tech companies. The DMU could also order them to take certain actions to achieve compliance with the code, and impose financial penalties for non-compliance, the government said.
Digital Secretary Oliver Dowden said in a statement: “I’m unashamedly pro-tech and the services of digital platforms are positively transforming the economy — bringing huge benefits to businesses, consumers and society.”
“But there is growing consensus in the UK and abroad that the concentration of power among a small number of tech companies is curtailing growth of the sector, reducing innovation and having negative impacts on the people and businesses that rely on them. It’s time to address that and unleash a new age of tech growth,” Dowden said.
In July, the CMA called on the government to give it more powers and set up the DMU, saying it was necessary to rein in big digital advertising platforms. The regulator said it was concerned about how tech giants like Google and Facebook use digital advertising to fuel their business models.
Though the CMA’s recommendations had a domestic focus, the watchdog said the problems it had identified were “international in nature” and that it would look to “take a leading role globally” as part of its digital strategy.
“Through our examination of this market, we have discovered how major online platforms like Google and Facebook operate and how they use digital advertising to fuel their business models,” Andrea Coscelli, chief executive of the CMA, said on July 1. “What we have found is concerning – if the market power of these firms goes unchecked, people and businesses will lose out.”
Ronan Harris, Google’s vice president for the U.K. and Ireland, said in a statement at the time: “Advertisers today choose from a wide range of platforms that compete with each to deliver the most effective and innovative ad formats and products.”
He added: “We support regulation that benefits people, businesses and society and we’ll continue to work constructively with regulatory authorities and Government on these important areas so that everyone can make the most of the web.”
Facebook has previously said it would engage with U.K. government bodies “on rules that protect consumers and help small businesses rebuild as the British economy recovers” from the coronavirus pandemic.
“We face significant competition from the likes of Google, Apple, Snap, Twitter and Amazon, as well as new entrants like TikTok, which keeps us on our toes,” a spokesperson for the company said in a statement on July 1. “Giving people meaningful controls over how their data is collected and used is important, which is why we have introduced industry leading tools for people to control how their data is used to inform the ads they see.”
— CNBC’s Ryan Browne contributed to this story.
Amazon gives front-line workers a $300 holiday bonus
An Amazon warehouse
In a blog post, Dave Clark, Amazon’s senior vice president of retail operations, said full-time operations staff who are employed by the company from December 1 to December 31 will receive a $300 bonus. Part-time workers employed within the same timeframe will receive a $150 bonus.
“I’ve been at Amazon for 22 holiday seasons and this one is definitely unique, to say the least,” Clark said. “I’m grateful to our teams who continue to play a vital role serving their communities.”
Amazon said it will spend more than $500 million on the one-time holiday payments. In June, Amazon also spent $500 million on “Thank You” bonuses for front-line employees who continued to come to work amid the coronavirus pandemic.
The company has spent billions of dollars since March on coronavirus-related investments, including wage increases, safety gear and enhanced cleaning measures, as well as on building out testing capabilities. Amazon issued temporary wage increases and double overtime pay at the height of the pandemic, but both of those incentives came to an end in June.
Since then, warehouse workers have expressed frustration that their hazard pay was being cut even as the pandemic has persisted and they still face increased health and safety risks in the workplace. In October, Amazon disclosed that more than 19,000 of its front-line workers in the U.S. contracted the coronavirus between March 1 and Sept. 19.
Amazon defended its decision to end the wage increases and double overtime pay, saying these pay premiums were announced to “help meet increased demand” from online orders, which has since stabilized.