Seeking Arrangement Link Young Men To Rich Men

8NEWS NOW - Feb 19 - Men simply say what they"re net worth is and what monthly allowance they"re willing to give. SeekingArrangement.com founder Brandon Wade started the website in 2006. A few months back, the Las Vegas-based business topped one million users. There are 10 women for every man on the site. The website says that 15% of their client base are gay and lesbian, and sugar mommy"s are on the site too, looking for young men. by Nathan Baca and Alex Brauer See full article at 8News Now See all posts on SeekingArrangement

Silver Surfer Daters 'More Honest'

TELEGRAPH.CO.UK - Feb 14 - Over-60s are more likely than younger singletons to use realistic photos when looking for love online, according to research indicating that "silver surfers" are the fastest growing group of internet daters. Older people also tend to describe themselves in more gentle and discreet manner on their online profiles. Sites specifically aimed at older audiences are proliferating in Britain, such as ukmaturedating.com, over50s.co.uk and fiftyalready.com. Dr Charlie Steele, who co-presented their findings, said the attitude of many older singels to online dating could be summed up in the demand: "Please don"t waste my time." by Stephen Adams See full article at Telegraph.co.uk See all posts on FiftyAlready All 2012 Valentine"s Day News

Falling In Love Is All In Our Brains

WASHINGTON POST - Feb 13 - Basic biology may play at least as strong a role in love as do socialization, environment, fate and other factors. "Some of our very complex behaviors like love is still regulated, to some degree, by a fairly simple set of neurochemicals?, says neuroendocrinologist Tom Sherman, an associate professor at Georgetown University School of Medicine. Researchers have now identified three brain systems that are at work in mating and reproduction: lust, which is primarily mediated by the sex hormone testosterone; romantic love, which is primarily mediated by dopamine, a neurotransmitter that drives the brain?s reward and pleasure centers, and is characterized by craving and focused attention for just one person at a time. However, it remains to be seen how big a part neurochemicals and brain circuits play in love and relationships. A new study found that monkeys that inhaled oxytocin paid more attention to one another and treated one another more kindly. by Carolyn Butler See full article at Washington Post All 2012 Valentine"s Day News

SNAP Interactive Reports Q4 Results

PR NEWSWIRE - Feb 14 - Quarterly revenue increased 98% to $5.5M YOY. Annual revenue increased 188% to $19.2M YOY. Net loss for the quarter increased to $1.4M YOY while net loss for the year was $3.5M compared to a net loss of $1.2M for 2010. "At the outset of 2011, we identified two clear goals for SNAP: continued revenue growth and the build-out of the organization so that we could properly sustain our growth and build for the future," said SNAP"s President and CEO, Clifford Lerner. See full article at Sacbee See all posts on SNAP Interactive All 2012 Valentine"s Day News

Money Can't Buy Me Love - Or Can It?

IRISH TIMES - Feb 14 - A European Singles survey found that Irish men are likely to spend ?106 on a date, compared to British men, who were likely to spend ?60. According to a study conducted by the Oxford Internet Institute last year, one in 16 Irish people surveyed started their relationship online. Services range from the free, such as PlentyofFish.com to subscription-based sites like Match.com. While there are never any guarantees, does a greater financial investment result in a higher success rate? ?They know that a paying member is serious about dating,? says Grainne Barry of Another Friend, Ireland?s largest dating site with ~60% of the Irish market share. by Claire O"Mahony See full article at Irish Times See all posts on POF.com See all posts on Match.com See all posts on AnotherFriend All 2012 Valentine"s Day News

Valentine?s Day To Be ?Starting Gun? For Investment In Online Dating

PRESS RELEASE - Feb 14 - This year Valentine?s Day will mark the start of a business boom across the online dating world with more companies seeking to capitalise on the millions of people turning to online dating. Over February 13 & 14 in 2011 Global Personals.co.uk saw a rise ~30% in subscriptions across its sites. Global Personals expects these figures to rise again in 2012 by 150%. Global Personals operates its own dating sites including Singles365.com, DatingAgency.com and JustSingleParents.com, whilst its B2B service, WhiteLabelDating.com, offers a platform for brands and individuals to power their own dating sites. See all posts on WhiteLabelDating.com See all posts on Global Personals All 2012 Valentine"s Day News

Love In The 21st Century

HERALD SCOTLAND - Feb 12 - With the online dating industry predicted to be worth £150M annually in the UK by 2014, it is big business. Eight years ago TV presenter Sarah Beeny set up the site Mysinglefriend.com, where singles are "recommended" to potential love interests by friends. It has now ~1M users and has recently launched in Ireland. Ottokar Rosenberger, UK manager at eHarmony.co.uk, said changes in society such as moving around more and not necessarily having strong social or family networks had helped contribute to the popularity of internet dating. by Judith Duffy See full article at Herald Scotland See all posts on MySingleFriend See all posts on eHarmony

Looking For Love On LinkedIn

FINANCIAL POST - Feb 14 - A new dating site called Hitch.me turns your LinkedIn network into a search for a soulmate. Although Hitch.me only launched about a month ago, some 2K people have already signed on. And so far, it?s somewhat of a ladies market with more men using it. The site was built by Toronto resident Naveed Nadir. ?This idea came to me last year after LinkedIn launched their API." Hitch.me does not search through your whole LinkedIn network looking for suitable mates, only those who join Hitch.me. But it does allow you to see the full profiles of people it matches to you. by Julie Bort See full article at Financial Post See all posts on Hitch.me All 2012 Valentine"s Day News

Online Dating Spend Grows By 60% On Last Year

THE NEXT WEB - Feb 11 - New data suggests that there has been a 57% increase in online dating revenues in the past year. Digital marketing and billing manager Vindicia has been tracking the global activity for its online dating clients. Social networking, and in particular Facebook, is contributing to the growth. Vindicia?s online dating clients attracted £3.4 million (US$5.4 million) in revenues in January alone this year, compared to the £2.2M (US$3.5M) spent in January 2011. Sales have increased steadily over the weekends leading up to Valentine?s Day too ? with dating companies seeing individual spikes of up to 40%, and a combined global spike of 23% last weekend (February 3rd) against the previous weekend?s spend (January 27th). These figures are global, and are taken from across all of Vindicia?s online dating clients, which include SNAPInteractive, SpeedDate.com, Online Buddies and AvidLife. Online dating spend grows by 60% on last year, and the industry can only get bigger by Paul Sawers See full article at The Next Web

Match.com, A Good Cause

OPW - Feb 14 - One of our Power User Panel members noticed some ASPCA ads on the logout/exit page from Match.com. "Hey Mark, how would you like to see these faces everyday when you log in and out of Match? Now don"t get me wrong, I love animals and I donate to several "no kill" shelters here in Chicago but these ads for the ASPCA have been going on for almost 2 weeks. I think it"s in bad taste not to mention depressing. But hey, to Match advertising revenue is advertising revenue right? I"m sure they could care less what the customer thinks...lol." What do you think? Your comments please. See all posts on Match.com