Facebook would have already been working on developing a dating service for months, if not years — long before the Cambridge Analytica controversy blew up, Kurasawa said. Zuckerberg acknowledged people may have privacy concerns about dating and Facebook in light of the recent data scandal that affected up to 87 million users. Dating service would yield 'incredibly valuable' dataThat number is a "key factor" at the heart of what Facebook can gain by starting a dating service, Kurasawa said. 'Shakeup' in dating industryJohn Madigan, an analyst for market research company IBISWorld, said Facebook's dating feature "is likely to cause a shakeup in the dating services industry." The share price for Match Group, which owns several dating apps, including Tinder, dropped after Facebook announced its intent to join the dating game.

Source: CBC News May 04, 2018 07:52 UTC