Growth

THE NEWS WRAP: Tinder rolls out verified profiles

Kye White /

Tinder has introduced verified profiles so when celebrities and athletes appear in your recommendations, you’ll know they’re real.

 

In a blog post announcing the move, Tinder says starting today you might begin noticing a verified symbol on some profiles.

 

“Each day, 26 million matches are made on Tinder, and we do our best to keep those matches real – that’s why we’re rolling out Verified Profiles,” the company says.

 

“Now when notable public figures, celebrities and athletes appear in your recommendations, you’ll know it’s for real.”

 

BBC reveals Micro Bit computer’s final design

The BBC has revealed the design of the pocket-sized computer it will be giving to one million children in the United Kingdom in October to help them understand how to program a computer

 

The device features a programmable array of red LED lights, two buttons, and a built-in motion sensor. It also has an add-on power pack fitted with AA batteries, which is required to use it as a standalone product.

 

Whipclip raises over $40 million

Whipclip, a US-based startup that allows users to quickly edit and legally share clips from TV and music videos, has closed a Series C funding round of more than $40 million, TechCrunch reports.

 

The round was led by asset management firm Eminence Capital and included participation from existing investors Institutional Venture Partners and Raine Ventures.

 

Overnight

The Dow Jones Industrial Average is up 93.33 to 17,776.91. The Australian dollar is currently trading at US74 cents.

 

Want to pick Mark Pesce’s brain on crowdfunding? Head along to our StartupSmart School Secrets of Successful Crowdfunding workshop in Sydney on August 14 or Melbourne on August 21. For more information or to purchase tickets, click here.

 

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Kye White

Kye began his career at a Fairfax daily on the North-West Coast of Tasmania. He has since taken his belongings, and keen interest in technology, to Melbourne. He has a bachelor of Arts majoring in Political Science from the University of Tasmania and a Graduate Diploma in Journalism from RMIT University.

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