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Part of the reason that Tinder has taken off so well in the past few months is that it shows users nearby within a mile radius. However, Businessweek reports that white-hat hackers uncovered location data for users that went much deeper than that mile designation — even triangulating someone’s position within 100 feet. The hole was patched before the beginning of this year, but the process took months and Tinder was slow to respond. It’s also not the first time the company has landed in hot water over its location technology — and its transparency about security.

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In Brief

Irish game development and publishing company King, best known for creating freemium smash hit “Candy Crush Saga,” filed for an IPO Tuesday. The company, which hopes to raise $500 million, pulled in $1.9 billion in 2013 and says 78 percent of its total gross bookings last year came from Candy Crush Saga, which launched on mobile in November 2012. King’s revenues in 2012 were just $164 million. King says 70 percent of its gross bookings — which it defines as the total amount its users pay for virtual items and access to skill tournaments — are on mobile, and just 4 percent of users (roughly 12 million) regularly make in-game purchases.

In Brief

Pinterest mobile for iOS and Android both received updates today — the most noteworthy of which is the ability to view GIFs on both iPhone and Android smartphones. According to the company’s engineering blog, the feature allows users to pin GIFs directly, which will show up in feeds with a small play button. GIFs can then be played via mobile, shared and repinned across platforms. The iPad version was also updated, including support for place pins.

On The Web

Sharing on social media doesn’t actually mean a user has read a piece of content, The Verge reports, citing findings from real-time analytics site Chartbeat. Chartbeat says its data shows no correlation between sharing and reading — fair reasoning behind Upworthy’s decision to value an engagement metric called “Attention Minutes” over both pageviews and shares. But all is not completely lost: data from Upworthy shows that likelihood of sharing is best if a user reads an article or watches a video all the way to the end.

In Brief

If you are one of the precious few who enjoy socializing with fellow passengers on an airplane, take note: Virgin America has announced an in-flight social network to help business travelers connect. The airline’s “network” is basically a deployment of geolocating business connection app Here on Biz for iPhone. Passengers will be encouraged to log in at the gate or in the air via Gogo Inflight Internet to see nearby professionals’ details from LinkedIn, Facebook and Twitter. Passengers will be able to access the app via Gogo for free until July.

In Brief

Despite the good news in Twitter’s first quarterly earnings report as a publicly traded company — particularly stronger-than-expected revenue of $243 million and $0.02 earnings per share — the stock was down more than 20 percent in pre-market trading. Just before trading opened, the stock was at $51.40, more than 22 percent below its closing price of $65.97. The reason for the slide seems to be the company’s slow user growth in 2013: an increase of just 30 percent year-over-year. Pre-market shares tend to be more volatile than after the opening bell, but it’s still not looking very pretty.

In Brief

Despite the hubbub over the revelation that well-known Youtube gaming channel Machinima takes “marketing partnerships” with game companies that essentially amount to paying vloggers to hype up followers about games, and the mounting gray area over whether such a thing is ethical, the FTC told Polygon that it can’t really do anything about it from a legal standpoint.

Apparently because the FTC guidelines are just guidelines, they are unenforceable in a court of law. There is a possibility that the FTC could go after a big player, like Machinima or the game companies it works with, for unsavory practices at some point, but until then, it’s best to stay smart about which media sources you trust.

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