The Committee on Foreign Investment in the United States (CFIUS) has named the ownership of popular gay dating app Grindr a national security risk, according to a report.
Grindr describes itself as “the world’s largest social networking app for gay, bisexual, transgender and queer people.” As of 2018, it said that Grindr app reaches 196 countries and has 3.6 million users online on a daily basis.
Though based in West Hollywood, Calif., the Grindr app is actually owned by Chinese gaming giant Beijing Kunlun Tech Co Ltd., which acquired a majority stake in Grindr in 2016 for $93 million before purchasing the rest of it last year. However, because of concerns over how users’ personal data is used and handled under the new ownership, the CFIUS has intervened in the deal, according to sources speaking to Reuters. CFIUS considers the situation a national security concern, they said.
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Source: ThreatPost