The Facebook billionaire is of the opinion that there can’t be a better time than now to introduce the service on its platform– bearing in mind that 34 percent of marriages in the U. Facebook shares, on the other hand, went up by 1.1 percent, closing at 3.86 on the news.
The Facebook move, obviously aimed at increasing the time users spend on the platform – which has seen a substantial decline in recent times – poses a “big problem” for the competition mentioned above, says James Cordwell an analyst at Atlantic Equities, reports Reuters.
It is "non intrusive" because users that are not into dating will never hear about it. ® name, symbol, logo and related trademarks is permitted under a limited license granted by Open Source Matters, Inc.
“We’ve designed this with privacy and safety in mind from the beginning.” The dating service idea is something that Facebook has long considered but for some reason, it was kept on the backburners for years, until it saw some fruition on Tuesday, at least, in terms of intent. He said that if the company remained “focused on helping people build meaningful relationships, then this is perhaps the most meaningful of all.” This announcement is sure to have raised a few hackles in the ranks of existing dating sites like Tinder, Ok Cupid, e Harmony, JDate, and Match – companies that witnessed a sharp decline in their stock values following the announcement.Step 1: get dating apps to build themselves on your platform’s data Step 2: cut them off from your platform’s data with no warning Step 3: build a competitor to dating apps with the data you are now keeping to yourself Seems kinda antitrust-ish…It should be illegal, given Facebook’s monopoly status.Your friends aren’t going to see your profile, and you’re only going to be suggested to people who are not your friends.” While many may question the timing of the announcement, which comes barely six weeks after the Cambridge Analytica controversy, it may actually work out to be a masterstroke from the Facebook CEO.Offering a service that demands far greater security and data protection than ever before, that too at a time when the company is mired in a massive data breach scandal, Zuckerberg is, probably, using it as reverse psychology to gain back the lost confidence in the site.