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Tinder added more than 1 million subscribers this year

Tinder is still unstoppable. Match Group, Tinder’s parent company, announced its fourth quarter earnings today, in which it disclosed that Tinder added 1.2 million subscribers last year alone. That surge led the brand to close the year out with $805 million in revenue. That’s nearly as much as what the rest of Match’s dating brands, which include Match.com and OkCupid, pull in combined at $872 million. Match says most of Tinder’s revenue growth is thanks to Tinder Gold , which gives members certain limited features like more Super Likes per day, the ability to swipe around the world, and insight into who’s already liked them. Tinder has also made it a goal to focus on a younger demographic of 18 to 22-year-olds through Tinder U , the university-oriented portion of the app. The company is expanding outside the US with a focus on Japan, India, and South Korea, as well. Still, Match doesn’t seem content to accept Tinder as its golden goose. The company introduced a new app this year, c
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LG confirms the G8 ThinQ will have a 3D front camera for face unlock

LG’s next flagship hasn’t been announced yet, but as ever, the company likes to drip-feed nuggets of information about it in the lead-up to the full reveal. Today, we’ve learned that it will indeed be called the G8 ThinQ, and it’ll include a time-of-flight sensor as part of its front-facing camera array. (That likely explains the recent supposed render that showed two cameras in the phone’s display notch.) ToF sensors work by bouncing infrared light off subjects and can be used for 3D object recognition. This allows for secure face unlock and more accurate background blur in selfie portraits, as well as potentially having various AR applications. The sensor in the G8 ThinQ is Infineon’s REAL3 chip. LG isn’t saying much about how it’ll be used in the G8’s software, but promises to deliver “a new level of front camera capability in a smartphone.” LG isn’t the first company to ship a phone with a ToF sensor, and it’s likely we’ll see several more this year. The Honor View 20 has a r

GoPro turns its first profit since 2017 thanks to the Hero 7

A very strong holiday season for GoPro’s newest Hero 7 lineup of cameras has helped the camera maker turn its first quarterly profit since the third quarter of 2017, the company announced on Wednesday. GoPro pulled in $377 million in revenue in the fourth quarter of last year, and it walked away with a $32 million profit. This marks the second time GoPro has turned a profit since the third quarter of 2015, back before the company’s ill-fated attempt at entering the drone market. The Hero 7 Black was announced in September of last year. While it hews closely to the design of its two predecessors, the Hero 5 and Hero 6 Black, the company’s newest flagship offered a number of internal improvements and new features. GoPro had previously said that the Hero 7 Black was the company’s fastest-selling camera ever , and that momentum carried through the 2018 holiday season. Overall camera sales were up 20 percent in the fourth quarter of 2018 compared to the year prior. For the whole year, G

Spotify, the leading music streaming app, is finally profitable

Spotify is about to try to become a podcasting giant with two new acquisitions — and we have some suggestions for that — but first, it’s crossing an important milestone with its music streaming business. Today, for the very first time, the company is reporting that it’s turned a profit. That’s right: some 13 years and 96 million paid subscribers later, Spotify is finally making money. Unless you count that one time a complicated tax situation technically threw it into the black. “[F]or the first time in company history, Operating Income, Net Income, and Free Cash Flow were all positive,” reads a portion of Spotify’s financial announcement this morning . Specifically, the company made an operating profit of €94 million, or about $107 million. It’s possibly a good sign for the entire industry, not just Spotify, because Spotify is arguably leading that industry today. Those 96 million paid subscribers add up to nearly double Apple Music’s 50 million subscribers, and Spotify announc