Major Announcements From Facebook F8

The lack of detail around Facebook's upcoming dating app presents uncertainty and concern over whether the owner of OkCupid, Match.com and PlentyOfFish can keep up with the social-media giant.

Users will soon be able to opt in to a dating profile that will connect them to non-friends who have also opted-in to be on the dating platform hosted by Facebook.

Sputnik: I guess that's why they give you a dating site, what do you think about the new plans for the dating site?

PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018.

Facebook also announced a new "Clear History" feature at the conference that will allow users to see and limit the data the company is able to view and store.

However, Zuckerberg confirmed your own friends will not be suggested as dates, and that the dating app would allow events to be unlocked by would-be daters in order to speak to possible partners who are also attending.

"One in three marriages in the United States start online", CEO Mark Zuckerberg said in his presentation F8 this week. That conversation is not connected to any other app or service, including Facebook Messenger.

That actually makes sense as we developed brand loyalty to Facebook before many of its competitors had a chance, which was around the same time as previous platforms popular with younger folks petered out (see MySpace).

Along with Steve Carter, we've been trying to figure out whether Facebook has been hiring other people to build a relationships team that it could task with building out dating and other products.

Cambridge Analytica may be going out of business now that the scandal of how it got and used Facebook data has come to light. "We are betting that Match Group will face minimal longer-risks from Facebook Dating and have not altered our numbers or a valuation multiples", Anthony concludes. In the future, Facebook users can also use a dating service.

The shares of Snapchat are now traded at $11.97 in the after-hours market on Tuesday while the shares of Facebook closed the day at 173.86, up one percent.

But Facebook continues to look for new ways to expand.

"I believe that we need to design technology that helps bring people closer together", Zuckerberg said. Clearly unfazed by recent criticisms and controversies surrounding data privacy issues, the world's largest online social network is aiming to stake a huge claim in the online dating services market, which is supported by the rising number of singles using smartphones and a growing trend of finding dates on the internet. Users can only send text messages as of now and there's no option to send media files.

However, the bigger question here is, in a country like India, how many are willing to take this risk?

The new dating service has events and groups that are based on users interests, where the user can join to find people with similar interests.

  • Zachary Reyes