Grindr’s Chinese owner forced to sell service over US security concerns, says report

A committee of the US government. UU He has pressured the Chinese owner of Grindr to sell the LGBTQ dating application for national security reasons, reports Reuters . The Committee on Foreign Investment in the United States (CFIUS) is concerned about the owner's access to Beijing Kunlun Tech to personal data. The Chinese conglomerate, which also has a proprietary stake in the Opera browser, bought Grindr directly in 2018.

EE. UU It has increasingly examined the way in which applications collect and manage personal data, especially in cases involving members of the EE Army. UU intelligence services. Kunlun did not go through the voluntary process of sending its acquisition of the service to CFIUS for review, but Reuters notes that it is rare for the committee to undo an acquisition after it has been completed.

CFIUS has previously blocked the acquisition of MoneyGram and AppLovin by Chinese companies for security reasons. You are not required to disclose your specific reasons for blocking such agreements, since doing so may reveal classified information.

Grindr is advertised as "the world's largest social networking application for gay, bi, trans and queer people", and as of 2017, there were around 27 million users worldwide, although it is not clear how many of them are found in the USA. UU The service's privacy policy states that Grindr collects a wide range of personal information, including information about the location, messages and even HIV status if users choose to provide this information.

Kunlun had previously planned to carry out an IPO for Grindr, but is said to be now trying to sell the service to an investment company based in the US. UU., Or one of its competitors. A representative of Grindr did not respond immediately to a request for comment.

Please Note: This content is provided and hosted by a 3rd party server. Sometimes these servers may include advertisements. igetintopc.com does not host or upload this material and is not responsible for the content.