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Whenever Dating Turns Into A nationwide Protection Concern: CFIUS Forces Sale of Chinese Owned Dating App

Whenever Dating Turns Into A nationwide Protection Concern: CFIUS Forces Sale of Chinese Owned Dating App

In present days, Reuters as well as other news outlets have reported that Beijing Kunlun Tech Co., Ltd. (Kunlun), who owns the most popular dating that is gay Grindr, had been trying to offer the software because of issues raised by the Committee on Foreign Investment in the usa (CFIUS). CFIUS could be the interagency US federal federal government committee with authority to examine international purchases of, and particular assets in, US companies that current US national protection issues.

In accordance with these reports, CFIUS initiated overview of Kunlun’s purchase for the US-based Grindr according to the painful and sensitive nature associated with individual data the software collects on US resident users. (más…)