Security Concerns: Grindr and West Hollywood

security concerns: But this week the Committee on Foreign Investment in the US CFIUS reached an agreement after an investigation of a different kind of target the popular gay social networking app Grindr, according to The Guardian. Chinese firm seeks to sell Grindr dating app over US security concerns Read more Grindr is based in West Hollywood and has more than 27 million users, including 3.3 million daily users. Conventional strategic areas, like artificial intelligence and cybersecurity, have received the most scrutiny. The Chinese gaming firm Beijing Kunlun Tech Company acquired it over two years, buying a 60% stake in January 2016 and the remaining 40% in January 2018. Many American tech companies from Twitter and Facebook to Tesla and Uber have foreign funders and founders, and Chinese investors have been a major presence in Silicon Valley for years. On its surface, the purchase seemed ordinary enough. (news.financializer.com). As reported in the news.