A Chinese company bought US- based gay dating app Grindr

The expansion was an effort to counter Chinese minority investments in Silicon Valley companies that gave investors an early look at emerging technologies. It comes at a sensitive time for US and China relations, with both countries battling over trade as well as whether or not Chinese telecoms giant Huawei poses a threat to national security.

These are external links and will open in a new window. Sign up for free newsletters and get more CNBC delivered to your inbox. In response to the law, Apple said it would open its first data center in China, and formed a partnership with a Chinese company to run the center and A Chinese company bought US- based gay dating app Grindr data requests from the government.

The main player in the Chinese market for gay dating apps is the homegrown Blued, which was started in by Geng Le, a former police officer. But officials familiar A Chinese company bought US- based gay dating app Grindr the case, which was first reported by Reuters, say the concern focused on the potential for the blackmail of American officials or contractors, if China threatened to disclose their sexual orientation, or track their movements or dating habits.

University employees fear they will be displaced by lower-paid temp workers. Founded inBeijing Kunlun is barely older than Grindr. Draper Solutions December 1, Huawei denies those claims. WIRED reported in that security researchers could discover the location of users of Grindr and similar apps.

Grindr has already faced questions about its control and use of personal data. Like other social networking companies, Grindr keeps a lot of social data on its customers, including U.

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You may also like. Kunlun said Grindr would be listed on a market outside China but no date for the listing was provided. The Chinese owner of gay dating app Grindr plans to list the firm publicly after US authorities abandoned their opposition to the move.

Trump to tariff steel and aluminum from Argentina and Brazil. The Obama administration declined to publicly concede that the breach was committed by Chinese intelligence services.

A spokesman for the U. News Tips Got a confidential news tip? It is unclear why the panel, known as Cfius, acted now, more than three years after control of the company switched to Chinese hands. But Senator Ron Wyden, Democrat of Oregon, said he, along with several other senators, asked Cfius to conduct a review.

The firm said CFIUS now had "no objection" to the listing, according to a translation of the statement.

A Chinese company bought US- based gay dating app Grindr

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  • Jul 30,  · The Chinese owner of gay dating app Grindr plans to list the firm publicly after US authorities abandoned their opposition to the move. Kunlun Group suspended plans for . US Is Forcing a Chinese Firm to Sell Gay Dating App Grindr Grindr has access to sensitive user data, including sexual preferences, geolocation, and HIV status—a potential gold mine for blackmailers.
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  • The Chinese owner of gay dating app Grindr plans to list the firm publicly after US Kunlun bought a % stake in the app in from its US founders ownership of the US-based company posed a national security risk. Why is Chinese ownership of a gay dating app a major national security issue CFIUS's decision to pursue Grindr (which was acquired for the.
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  • US Is Forcing a Chinese Firm to Sell Gay Dating App Grindr Beijing Kunlun Tech acquired a 60 percent stake in Grindr in For example, the popular video-sharing app TikTok is owned by the Beijing-based company. Chinese gaming company Beijing Kunlun Tech Co Ltd said on in the United States (CFIUS) to sell popular gay dating app Grindr, setting a June deadline to do so. It bought out the remainder of the company in
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  • Chinese gaming company Beijing Kunlun Tech is seeking to sell Grindr after a U.S. to sell Grindr, the popular gay dating app it has owned since , after a U.S. California-based Grindr constitutes a national security risk, the two sources said. It bought out the remainder of the company in Grindr, the gay dating app, is owned by a Chinese company. Shenzhen stock exchange, bought a 60 percent stake in Grindr, which is based.
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