In current days, Reuters as well as other news outlets have actually stated that Beijing Kunlun Tech Co., Ltd. (Kunlun), who owns the popular dating that is gay Grindr, ended up being wanting to offer the software because of issues raised by the Committee on Foreign Investment in the United States (CFIUS). CFIUS may be the interagency US federal government committee with authority to examine international purchases of, and particular opportunities in, US providers that current US national safety issues.

Based on these reports, CFIUS initiated overview of Kunlun’s purchase of this Grindr that is US-based based the painful and sensitive nature associated with the individual data the software gathers on US resident users. The Grindr situation has produced headlines as a result of the odd paring of the dating application owned with a Chinese video gaming business and US national safety. The case confirms the continued validity of several recent trends in US government policy and procedures for reviewing foreign investments in the United States in our view. […]