New dating network

Facebook didn't say when the new dating feature would roll out for its app.But before the feature has even launched, the social network's chance for romance faces some major obstacles.

Investors clearly think Tinder is in danger, considering shares of its parent company Match Group fell 17 percent after Facebook announced its entry into dating.

It will only be visible to non-friends who also opted into dating. And because it has more data on you than any other app, it could deliver more relevant matches. Facebook explains that “potential matches will be recommended based on dating preferences, things in common, and mutual friends.

They’ll have the option to discover others with similar interests through their Groups or Events.” Tech Crunch suggested that Facebook build a feature like this in February.

He'd see hundreds of fake profiles every day on Facebook designed to trick women and extort money from them.

He believes these scammers would "absolutely" target the dating platform.

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Facebook CEO Mark Zuckerberg this week announced a new tool for daters that lets you create a separate profile, listing your interests, location, job, likes, personality and events you'd like to attend.

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