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Mobile Minutes: Tinder adds premium service; Verizon revenue rises; Baidu uses AI for ads; smarthome danger alerts

Sean Rad, Tinder?s CEO and cofounder, announced during the Forbes Under 30 Summit in Philadelphia, that the two-year-old company (which currently has no revenue model) will launch a premium service in early November that will offer paying users more match-making powers.

Verizon Communications Inc on Tuesday posted lower-than-expected quarterly earnings, but revenue rose as it added customers to its wireless business.

The Chinese web giant now uses deep learning to target ads on its online services, and according to Andrew Ng?who helped launch the deep learning operation at Google and now oversees research and development at Baidu?the company has seen a notable increase in revenue as a result.

Would you pay $99 to be alerted instantly on your smartphone? That's the value proposition posited by the folks behind the Leeo Smart Alert Nightlight, a new smarthome device that launches today at Leeo.com. The coaster-size white disc gets its power from being plugged into a socket, and features a dimmable night light that can glow in 16 million colors.