- Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.
CFIUS’ specific concerns and whether any attempt was made to mitigate them could not be learned. The United States has been increasingly scrutinizing app developers over the safety of personal data they handle, especially if some of it involves U.S. military or intelligence personnel. The development represents a rare, high-profile example of CFIUS undoing an acquisition that has already been completed. Kunlun took over Grindr through two separate deals between 2016 and 2018 without submitting the acquisition for CFIUS review, according to the sources, making it vulnerable to such an intervention.Kunlun representatives did not respond to requests for comment. Grindr and Cowen declined to comment. A spokesman for the U.S.
CFIUS does not always reveal the reasons it chooses to block a deal to the companies involved, as doing so could potentially reveal classified conclusions by U.S. agencies, said Jason Waite, a partner at law firm Alston & Bird LLP focusing on the regulatory aspects of international trade and investment.The unraveling of the Grindr deal also highlights the pitfalls facing Chinese acquirers of U.S.
Kunlun’s control of Grindr has fueled concerns among privacy advocates in the United States. U.S. senators Edward Markey and Richard Blumenthal sent a letter to Grindr last year demanding answers with regards to how the app would protect users’ privacy under its Chinese owner.
Source: News Formal (newsformal.com)
Stephen Miller has to ruin everything.
By dating, they mean f*cking.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grindr turns 10: How a decade with GPS ‘dating’ apps changed us allWhat Uber did for cars, so Grindr did for hooking up. A decade after its release, NBCOUT reflects on the impact Grindr has had on the gay and bi community. 🇺🇸Truce👁™🇦🇩👁president🇰🇪 Celebrating degeneracy. really very sick...tolerate it yes...accept it NO! Stop confusing young men, because NO it is not okay to choose.
Source: NBCNews - 🏆 10. / 86 Read more »
Grindr turns 10: How a decade with GPS ‘dating’ apps changed us allWhat Uber did for cars, so Grindr did for hooking up. A decade after its release, NBCOUT reflects on the impact Grindr has had on the gay and bi community. 🇺🇸Truce👁™🇦🇩👁president🇰🇪 Celebrating degeneracy. really very sick...tolerate it yes...accept it NO! Stop confusing young men, because NO it is not okay to choose.
Source: NBCNews - 🏆 10. / 86 Read more »
Exclusive: Lion Air pilots scoured handbook in minutes before crash - sourcesThe pilots of a doomed Lion Air Boeing 737 MAX scrambled through a handbook to u... Pilot error again Leaked because Boeing were gonna cover it up. Reuters has it America, stay tuned...
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Cockpit voice recorder of doomed Lion Air jet depicts pilots' frantic search for fix - sourcesThe pilots of a doomed Lion Air Boeing 737 MAX scoured a handbook as they strugg... Murdered by Boeing Lmao Thank you tRump ,
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Cockpit voice recorder of doomed Lion Air jet depicts pilots' frantic search for fix - sourcesJAKARTA/SINGAPORE/PARIS (Reuters) - The pilots of a doomed Lion Air Boeing 737 MAX scoured a handbook as they struggled to understand why the jet was lurching downwards, but ran out of time before it hit the water, three people with knowledge of the cockpit voice recorder contents said. It is the first RT. I'm of the opinion that the PILOTS WERE NOT PROPERLY TRAINED! THIS IS A TECHNICAL FAILURE. BOEING IS SOLELY RESPONSIBLE FOR ALL THESE ACCIDENTS. US, Europe parliamentarians questioned facebook CEO 4 data security. Why NO Question to BOEING CEO 500 ppl are killed WHY BOEING IS NOT RESPONSIBLE realDonaldTrump ?
Source: YahooNews - 🏆 380. / 59 Read more »
Exclusive: Online mattress retailer Casper to hire IPO underwriters - sourcesOnline mattress retailer Casper, valued at $920 million in 2017, is looking to hire underwriters for an IPO, sources say Peak economy Signs of a bubble? I certainly don’t see any from the comfort of my Casper bed ™️ Valued at how much!? 😳
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored - sourcesThe European Commission will next week urge EU countries to share more data to t... Why don’t the democrats stop the huge problem at our border the laws THEY PASSED MAKE IT IMPOSSIBLE TO STOP THIS MASSIVE ILLEGAL IMMIGRATION WHY DONT THEY LOVE THIS NATION DEMOCRATS WHY WOULD ANYONE VOTE FOR THIS REFUSING TO TURN BACK LIBERAL LAWS AT BORDER If the USA does not want the world to use Huawei it is not because they are worried about our security but because they dont get the backdoors build in for NSA and CGHQ mass eavesdropping. Snowden Successful entry into the tertiary industry is closely linked to 5G, so US checks are reasonable.
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: Telecom equipment provider Avaya considers leveraged buyout - sourcesTelecommunications equipment and software vendor Avaya Holdings Corp is consider... I wonder if the buyer is FrontierCorp 😍😍😘 🔺Isla;mic State publishes list of their operations in the past week. Here is the interesting infographic: MuellersReport ' Russia ' 🔹️🔹️🔹️🔹️ Software sucks and buggy AF
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: China to invite European diplomats to Xinjiang in new diplomatic pushChina will invite Beijing-based European diplomats to visit its far western regi... What about invitation by India to Kashmir? World silence is criminal. CHINA IS PROMOTING TERRORISM BY PROTECTING MASOOD AZAR WHO KILLED 40 INDIAN SOLDIERS. I request the visiting ppl to ask how my grandpa died in China’s ConcentrationCamp?If my father is ok or he also didn’t survive ChineseCamps as I heard from second hand information? whereabouts/well-being of my other family members In “boarding school”?
Source: Reuters - 🏆 2. / 97 Read more »