In a previous post I had written about how IAC does not mention the word innovation in its latest SEC filings.
IAC full year 2010 FORM 10-K SEC
Also I had written about "Meetic Group 2010 revenue "up" but shares DOWN"
Now the new report says "2011 OUTLOOK Acceleration in the innovation and segmentation strategy"
"Product innovation, the growth engine behind the Group's development"
"These Apps will allow users to import and integrate into their profile their tastes in terms of
music, films and literature, their adherence to various communities and other information related to their social network usage. This wealth of information will thus allow Meetic to further improve the way it puts users in contact with each other through a new Social Matching algorithm."
That is only a (behavioural) recommender system based on personal preferences.
It will have a lot of DISTORTION!!!
Meetic "plans" to innovate, but that "innovation" is only rubbish.
ALL RECOMMENDER SYSTEMS / RECOMMENDATION ENGINES ARE RUBBISH FOR SERIOUS DATERS.
Here is the explanation
Innovations are not adding more bells and whistles to actual online dating sites.
No more Imitation. No more Improvement.
The Online Dating Industry needs Innovations, but the innovations the Online Dating Industry needs will come from only one source: the latest discoveries in theories of romantic relationships development with commitment.
"THE Lesson from latest PlentyOfFish incident"
"the mobile concept evolving."