(Reuters) – Chinese gaming organization Beijing Kunlun technical Co Ltd was looking to offer Grindr LLC, the most popular homosexual relationships app this has had since 2016, after a U.S. government nationwide safety section brought up concerns about their ownership, per men acquainted the matter.
The Committee on unknown financial in the us (CFIUS) possess aware Kunlun that its possession of western Hollywood, California-based Grindr comprises a nationwide threat to security, both sources said.
CFIUSa€™ specific questions and whether any attempt was made to mitigate them could not be learned. America might increasingly examining app builders on the protection of personal data they manage, particularly if several of it requires U.S. military or cleverness workforce.
Kunlun have said finally August it had been preparing for a preliminary public providing (IPO) of Grindr. Because of CFIUSa€™ intervention, Kunlun has now changed their focus to an auction process to sell Grindr downright, since the IPO would have stored Grindr under Kunluna€™s controls for a longer period of time, the options said. Continue reading “Unique: Told U.S. security at risk, Chinese firm tries to market Grindr online dating software”