Tinder Co-Founders Sue Former Parent Company For $2 Billion

Tinder co-founders just sued the dating app’s owners for $2B

Co-founders as well as current and former employees of Tinder sued the dating app’s owners on Tuesday, seeking at least $2 billion in damages. In the lawsuit, which was filed in the New York Supreme Court, the plaintiffs claim Match Group and its parent company IAC ‘robbed Tinder employees by manipulating financial information, undermining Tinder’s […]

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Microsoft and Shell team up to build AI into gas stations

AI is now helping bust people who smoke at gas stations.  Microsoft and Shell are collaborating on a pilot project to integrate artificial intelligence tools into gas stations, starting with one in Thailand and one in Singapore. The Shell stations are using video cameras and a device inside the station that runs Microsoft’s cloud intelligence […]

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Kevin Systrom Says He Vets All Instagram Ads, “Too Early” To Put Them On Instagram Direct

During this morning’s press event unveiling Instagram Direct for private photo-sharing, co-founder Kevin Systrom offered some thoughts about monetizing (or not monetizing) Instagram and its new feature. Systrom suggested that Instagram will have an ad-related announcement coming soon, but for now he was willing to say, “We’re taking it very slowly.” He added that the […]

The psychological impact of an $11 Facebook subscription

Would being asked to pay Facebook to remove ads make you appreciate their value or resent them even more? As Facebook considers offering an ad-free subscription option, there are deeper questions than how much money it could earn. Facebook has the opportunity to let us decide how we compensate it for social networking. But choice […]