@pstAsiatech
Paul Triolo
5 years
Exclusive: U.S. pushes Chinese owner of Grindr to divest the dating app The Committee on Foreign Investment in the United States (CFIUS) has informed Kunlun that its ownership of West Hollywood, California-based Grindr constitutes a national security risk.
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@pstAsiatech
Paul Triolo
5 years
The development represents a rare, high-profile example of CFIUS undoing an acquisition that has already been completed. Kunlun took over Grindr through two separate deals between 2016 and 2018 without submitting the acquisition for CFIUS review.
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@pstAsiatech
Paul Triolo
5 years
CFIUS' intervention in the Grindr deal underscores its focus on the safety of personal data, after it blocked the acquisitions of U.S. money transfer company MoneyGram International Inc and mobile marketing firm AppLovin by Chinese bidders in the last two years.
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@Starcourse
Nicholas Beale
5 years
@pstAsiatech @ulywang Well clearly information owned by this business could be used to blackmail apparently โ€œclean livingโ€ politicians and officials.
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@pstAsiatech
Paul Triolo
5 years
@Starcourse @ulywang That sort of logic, in real world, is actually implausible and illogical, but it sounds just sinister and plausible enough that the conspiracy lovers will jump on it..
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@linc0lnpark
LiNC๐Ÿค“LN PARK
5 years
@pstAsiatech I appreciate that โ€” but FFS; they let ancestry dotcom get sold to foreign interests โ€” and they take our damn DNA! Why be upset now?
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@hacks4pancakes
Lesley Carhart
5 years
@pstAsiatech Yeah, I actually rate that one not totally unreasonable. After seeing the far-reaching impact of Ashley Madison data being leaked, and the nation state efforts to compromise OPM, absolutely. Itโ€™s a fair - if unlikely - concern.
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@sarah_in_ny
Sarah
5 years
@pstAsiatech @nycsouthpaw Dear god, the Chinese are targeting the Vice President.
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@yacousinvinnie
Hollywood Vinnie
5 years
@pstAsiatech So, do I need to screenshot and save all the dick and ass pics in my @Grindr messages?! ๐Ÿ˜ฉ๐Ÿ˜ฉ
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@pstAsiatech Must...protect ... our ... most ... precious...ASSets.
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@spikestabber
bren the autistic bear ๐Ÿป
5 years
@pstAsiatech Sometimes I wish Canada would use the national security excuse more often whenever Chinese or other mega large corporations line up to buy our assets. We allow everything to be corporately controlled and foreign owned, open to the world, even kingpin dirty laundered money.
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@EXDE601E
George M ๐Ÿ‡ช๐Ÿ‡บ
5 years
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@GallLeonard
aaron leonard gall ๐Ÿ‘‘
5 years
@pstAsiatech Oh snap, did a politician get caught?
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@pleoshep
pleo ๐ŸŒต
5 years
@pstAsiatech Did they just call Grindr a dating app or
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@lauraapollo
Laura Apollo
5 years
@pstAsiatech But Orchid Day Spas are ok? How does this work, exactly?
Tweet media one
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@GLAAZER1
GLAAZER
5 years
@pstAsiatech Do u know Obama vetoed sale of Hotel Del Coronado to Chinese because of natl security concerns, but Trump okayed the $1 billion sale a year later? @UTWatchdog @latimes
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