Show an ad over header. AMP

Match CEO sees "long-lasting" changes to dating from coronavirus

As the coronavirus pandemic shuttered restaurants, movie theaters and bars across the country, more people were flying to dating apps like Tinder, OkCupid and Hinge than ever before.

  • Shar Dubey, the CEO of Match Group, which owns all three and numerous others, tells "Axios on HBO" the company has learned a lot from the last six months and expects many of the pandemic's dating habits are here to stay.

What they're saying: Now that more people have tried virtual dates and video chats, "people's perception of the first stage [of a relationship] is going to change," Dubey said.

  • "There are going to be long-lasting, consequential changes after this period where, you know, people are going to be using video more, the definition of a first date may change."
  • A lot of a couple's first moments "are going to be virtual, hopefully."

The big picture: That could be great for companies like Match and others that connect people online, but could further weaken the appeal of live events, entertainment venues and bars and restaurants, which thrive on first dates and being a place for singles to meet.

  • It's another way the economy could further shift to advantage tech companies at the expense of brick-and-mortar and small businesses.

Between the lines: The U.S. economy is driven by the services sector, and much of the increase in jobs since the 2008 Great Recession has been in retail, bars and restaurants and hospitality — all sectors suffering the greatest declines from the pandemic.

What's next: Another interesting trend Dubey has seen is an increase in users searching for partners not just outside of their local area, but in other countries, beginning long-distance relationships online and continuing them without ever meeting in person.

  • There has been an increase in those couples getting married, Dubey says, adding: "Maybe the fact that geography is a constraint to finding love is going to be less important going forward."

Biden raises $141 million more than Trump

Joe Biden's campaign, the Democratic National Committee and joint fundraising committees raised $466 million cash on hand, the presidential candidate's team announced late Sunday.

Why it matters: President Trump's campaign raised $325 million, his campaign communications director Tim Murtaugh announced earlier Sunday.

Editor's note: This is a developing news story. Please check back for updates.

Virtual Emmys address chaotic year for American TV and society

The Emmy Awards Sunday night addressed the major U.S. issues this year — including the protests on systemic racism and police brutality, the wildfires engulfing parts of the West Coast, the census, the pandemic, essential works and the election.

Why it matters: Award shows have always addressed wider cultural issues, but this year — amid unprecedented stress and uncertainty — that trend has accelerated.

Keep reading... Show less

Arrest over Trump letter containing poison ricin

A suspect was arrested for allegedly "sending a suspicious letter" after law enforcement agents intercepted an envelope addressed to President Trump containing the poison ricin, the FBI confirmed in an emailed statement to Axios Sunday.

The big picture: Axios understands that the suspect, a woman, was arrested at the Canadian border while trying to enter New York.

Keep reading... Show less

Trump campaign goes all in on Pennsylvania

The president's campaign is placing more importance on Pennsylvania amid growing concern that his chances of clinching Wisconsin are slipping, Trump campaign sources tell Axios.

Driving the news: Pennsylvania, which has 20 electoral votes, twice Wisconsin's number, actually has been trending higher in recent public and internal polling, a welcome development for the campaign.

Keep reading... Show less

Inside Joe Biden's Supreme Court strategy

Joe Biden’s closing argument will shift to a dominant emphasis on health care, turning the looming Supreme Court fight into a referendum on coverage and pre-existing conditions, officials tell Axios.

Why it matters: Biden aides believed they were winning when the race was about the coronavirus pandemic. Now they plan to use the Supreme Court opening as a raucous new field for a health care fight, returning to a theme that gave Democrats big midterm wins in 2018.

Keep reading... Show less

Ginsburg death displaces violence in cities as dominant social media storyline

Data: NewsWhip; Chart: Andrew Witherspoon/Axios

Ruth Bader Ginsburg-related social media interactions dwarfed all other topics this week — a departure from a run of weeks where, other than the coronavirus, violence in cities was the dominant storyline.

The big picture: In just two days, there were 41 million interactions (likes, comments or shares) on stories about the late Supreme Court justice, according to exclusive NewsWhip data.

Keep reading... Show less

Biden to Senate Republicans after RBG passing: "Please follow your conscience"

Joe Biden made a direct appeal to Senate Republicans in a speech addressing the passing of Supreme Court Justice Ruth Bader Ginsburg, urging them to "cool the flames that have been engulfing our country" by waiting to confirm her replacement until after the election.

The state of play: Senate Majority Leader Mitch McConnell said soon after the news of Ginsburg's death that President Trump's nominee would get a vote in the U.S. Senate by Election Day.

Keep reading... Show less

Leaked Treasury documents reveal massive money laundering in global banking system

Thousands of leaked government documents covering at least $2 trillion worth of transactions reveal how some of the world's biggest banks knowingly moved around the money of oligarchs, terrorists and criminals, with few consequences, according to a massive investigation by BuzzFeed News, the International Consortium of Investigative Journalists (ICIJ) and hundreds of other news organizations.

The big picture: The investigation, published on Sunday, examines more than 2,100 suspicious activity reports (SARs) filed by banks and other financial firms with the U.S. Department of Treasury’s Financial Crimes Enforcement Network, known as FinCEN.

Keep reading... Show less



Get Goodhumans in your inbox

Most Read

More Stories