Left Menu
Development News Edition

Gay dating app Grindr for sale after US pressure

Devdiscourse News Desk | Shanghai | Updated: 15-05-2019 09:47 IST | Created: 15-05-2019 09:44 IST
Gay dating app Grindr for sale after US pressure
Image Credit: Flickr

Chinese mobile gaming companies said it would sell gay dating app Grindr following pressure from US authorities concerned over the potential misuse of the app's data by the Chinese government. Beijing-based Kunlun Tech Co Ltd said in a filing with the Shenzhen Stock Exchange in southern China that it would sell Grindr by June 2020.

The app, which bills itself as "the world's largest social networking app for gay, bi, trans and queer people," was founded in 2009 and says it has millions of users worldwide. US officials feared that people with American security clearances who use the app could be blackmailed if China's government demanded user data from Kunlun Tech, The Wall Street Journal reported in March, citing unnamed sources.

China and the United States are locked in a tense trade war which includes a side skirmish in technology. China has previously announced a strategy of achieving global dominance in high-tech fields like artificial intelligence and the use of Big Data.

But that has raised US objections over Chinese state support for its tech players, as well as fears of advanced cyber-espionage by China. The Chinese company was ordered to divest itself of Grindr by the Committee on Foreign Investment in the United States (CFIUS), which reviews foreign investments in sensitive industries or those deemed harmful to US national security.

Kunlun Tech's exchange filing, submitted on Monday, said it signed an agreement on May 9 with US authorities regarding the sale. The agreement restricts Kunlun Tech from accessing some of Grindr's user information and from transferring sensitive data to people or entities within China.

Grindr is also required to stop all operations in China and must get CFIUS approval for three of its board members. In addition, one board must be an American citizen with US security clearance. "If the company sells Grindr shares in the future, it will reduce potential political and policy risks that the company's overseas operations face," Kunlun Tech's filing said.

The company paid USD 93 million for a 60 per cent stake in Grindr in 2016, completing the full acquisition two years later for another USD 152 million.


TRENDING

OPINION / BLOG / INTERVIEW

‘Discounted Deaths’ and COVID 19: Anthropology of Death and Emotions

Death is a social event rather than the mere cessation of biological functions. As seen by anthropologists, death is not just physical but intensely social, cultural, and political....

Indigenous knowledge of communities a must for maximizing impact of community work

Generally, it has been observed that the majority of the academicians in higher education institutions neglect the wisdom of community people and throw their weight around thinking that they know everything and the community knows nothing. ...

In rebuking FBR, Pakistan’s courts take a stand for public health

The system, if implemented effectively, will allow Pakistans revenue service to combat the illicit trade in tobacco products and potentially add hundreds of millions of dollars to the states budget each year. ...

Dissecting how COVID-19 is catalyzing the trajectory of New World Order

The ensuing pandemic of COVID-19 has hit the globalization in two ways firstly, shrinking the importance of globalization as an economic force by curtailing mobility through worldwide lockdowns, and secondly, rejuvenating the idea of indig...

Videos

Latest News

PREVIEW-Soccer-Italy finally set to decide on Serie A resumption

After weeks of wrangling, with several U-turns on the way, Italy is due to decide on Thursday if and when its top-flight Serie A soccer league can resume after the coronavirus stoppage. Possibly encouraged by seeing how Germanys Bundesliga ...

US vice president's press secretary joins work after recovering from COVID-19

US Vice President Mike Pences Press Secretary Katie Miller has joined work after recovering from the coronavirus. In a Twitter post on Tuesday, Miller, who was among the three White House staff members to test positive, said that she was ba...

Venue preparations for postponed FIFA U-17 Women's WC on track: AIFF

All India Football Federation AIFF General Secretary Kushal Das on Wednesday said that the COVID-19 pandemic has failed to hamper the preparations at all the five venues of the postponed FIFA U-17 Womens World Cup. These are unforeseen c...

Soccer-Premier League clubs vote for return to contact training

Premier League soccer clubs on Wednesday voted unanimously to return to contact training, including tackling, as the English top flight moved a step closer to a resumption after the shutdown caused by the novel coronavirus pandemic.A statem...

Give Feedback