The Committee on Foreign Investment in america (CFIUS) has informed Kunlun that its ownership of West Hollywood, California-based Grindr takes its nationwide threat to security, the 2 sources said.
CFIUS’ particular issues and whether any effort ended up being built to mitigate them could never be discovered. America happens to be app that is increasingly scrutinizing throughout the security of individual data they handle, particularly if a number of it involves U.S. Military or intelligence workers.
Kunlun had stated final August it had been finding your way through a preliminary general public providing (IPO) of Grindr. The sources said as a result of CFIUS’ intervention, Kunlun has now shifted its focus to an auction process to sell Grindr outright, given that the IPO would have kept Grindr under Kunlun’s control for a longer period of time. Continuer la lecture de « Exclusive: informed U.S. Security at an increased risk, Chinese company seeks to market Grindr dating application »