Friday, August 28, 2015

Ashley Madison Mulled '$70 Million' Grindr Acquisition

From:  Wicked Gay
Forbes reported today that the adultery-enabling site looked to buy the gay-hook-up site earlier this year. If it had, imagine the fracas the hacker data dump would have had on the gay male community?

"Amongst the masses of emails dumped by The Impact Team, a group of hackers who have made a mockery of Ashley Madison's digital defences this month, are a handful of conversations showing it was considering a purchase of Grindr, a dating application for gay, bisexual and bi-curious men, which many see as a quick and easy tool for initiating coitus," Forbes reported on Thursday.
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While the relationship between Avid Life Media, which owns Ashley Madison, and Grindr stretches back three years, it was earlier this year when Ashley Madison founder Noel Biderman and "major Avid Life Media shareholders considered making an offer for a significant stake in the company." Full story here!

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