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Home > WIRED Business – Spoken Edition > US Is Forcing a Chinese Firm to Sell Gay Dating App Grindr
Podcast: WIRED Business – Spoken Edition
Episode:

US Is Forcing a Chinese Firm to Sell Gay Dating App Grindr

Category: Business
Duration: 00:04:24
Publish Date: 2019-03-29 15:31:18
Description: The US government says a Chinese gaming company's ownership of gay dating app Grindr poses a national security risk, according to a report from Reuters. Beijing Kunlun Tech acquired a 60 percent stake in Grindr in 2016 and bought the rest in 2018. But, according to Reuters, the Chinese firm didn't clear the acquisition with the agency known as the Committee on Foreign Investment in the United States (CFIUS), which evaluates the national security impacts of foreign investments in US companies.
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