Many New Jersey residents use dating websites. Now, a lawsuit that was filed in March by Match Group, the parent company of Tinder, alleges that Bumble infringed on Tinder's patents in its dating site.
Match Group alleges that Bumble CEO Whitney Wolfe, who co-founded Tinder, infringed on two of its patents when she established Bumble by using its swipe feature. The company also alleges that two executives of Bumble who used to work for Tinder stole information from Tinder for a planned feature that would allow users to go back to select someone that they accidentally skipped past.
During the summer of 2017, Match Group attempted to buy Bumble and offered $450 million. Sources report that Match Group is still interested in purchasing Bumble and may be using the patent litigation lawsuit in order to encourage Bumble to accept its offer. In 2014, Whitney Wolfe sued Tinder after the company stripped her of her co-founder title. She ultimately settled the lawsuit for $1 million. Bumble requires that female users of its dating app make the first move. It has 22 million users, and Forbes reports that the company was on track to earn more than $100 million in 2017.
Intellectual property litigation is fairly common in the world of technology. When the technology that is used by one company is similar to that of another, lawsuits are often filed. Companies that believe that their patents have been infringed by competitors might benefit by consulting with intellectual property lawyers in order to see what recourse they might have.
Source: Recode, "Tinder's parent company, Match Group, is suing dating app Bumble for patent infringement", Kurt Wagner, March 16, 2018