Now, Kunlun hopes to sell the app outright. The expansion was an effort to counter Chinese minority investments in Silicon Valley companies that gave investors an early look at emerging technologies. We know the last people you need meddling in your love life are government agents, but it's 2019, so anything is possible. According to , Kunlun is now planning to auction the division off. Rockland County Executive Ed Day on the county's ban on unvaccinated children from being in public spaces. Grindr is selling a majority stake to a Chines gaming company. In response to the law, said it would open its first data center in China, and formed a partnership with a Chinese company to run the center and handle data requests from the government.
So Beijing Kunlun is seeking to sell Grindr. Meanwhile, Beijing Kunlun's founder Zhou Yahui became one of China's latest tech billionaires after his company listed on the Shenzen stock exchange in 2015. The popular gay hookup and dating app has announced that the Beijing Kunlun Tech Company is buying 60% of the company, according to multiple news reports. The slide deck was prepared in June 2015. Tech2 is now on WhatsApp.
Kunlun has owned Grindr since 2016, when it purchased a majority stake for. Grindr's financials as seen in the June 2015 slide deck. He made a six-foot birdie to match Horschel and send it to the 18th, and he lofted a wedge to two feet for birdie to win the 18th. Meanwhile, it sounds like there may be more acquisitions on the horizon for Beijing Kunlun as it builds its portfolio. This appears to be the first case in which the United States has asserted that foreign control of a social media app could have national security implications. Federal Reserve and weak factory data from the U. But the Grindr case could give the Chinese government an excuse to make its own national security claims if U.
Three years ago, a Chinese firm that owns both gaming and credit services businesses, Beijing Kunlun Tech Co. This has given rise to services like Blued, often called the Grindr of China, which attempt to use the internet to get around archaic laws. The Government announced yesterday the Duke of Cambridge, Prince William , would visit Christchurch in late April. Russian Federation and China, which invested heavily in Venezuelan oil industries, have staunchly backed Maduro. It bought out the remainder of the company in 2018, and as of last summer, it was planning an initial public offering. The sources asked not to be identified because the matter is confidential.
The government killed a proposed merger last year between , the money transfer firm, and Ant Financial, a payments company related to Chinese e-commerce giant Alibaba. As of 2017, Reuters reports, the app had 27 million users. Letting other people know exactly where you are is the whole point of Grindr. As such, speculation is rife about why Grindr is considered a security risk, though both Reuters and have speculated that the presence of U. The White House has essentially accused of being an arm of the Chinese government that can be used for spying or to sabotage communications networks, a charge that Huawei has vehemently denied.
The United States has also pressed China to allow insurance companies and other U. Pro-Brexit lawmakers think it keeps Britain too closely tied to European Union rules. Amazon and Microsoft have partnered with Chinese firms to offer cloud computing services to Chinese customers. William most recently visited New Zealand in 2014 during a royal tour with wife Catherine and their firstborn son, Prince George. In September last year, an investigation by Queer Europe also uncovered that a third party app called Fuckr could — sufficient accuracy for someone using the service to narrow the location of Grindr users down to individual buildings or even rooms. New York's Rockland County has declared a state of emergency this Tuesday.
The administration has not announced the move, which will require that Grindr be sold, or explained it. In 2016, Chinese gaming company Beijing Kunlun Tech Co Ltd. While there were news reports about both transactions, the United States did not take action to block the acquisitions. Venezuela is rich in oil but has plunged into economic crisis, suffering hyperinflation and shortages of food and basic goods. The company had been preparing for a public stock offering. In the last two years, the government has blocked Chinese bidders from acquiring MoneyGram International Inc and AppLovin. .
Founded in 2008 by Tsinghua University graduate Zhou Yahui, Kunlun also owns Qudian Inc, a Chinese consumer credit provider, and Xianlai Huyu, a Chinese mobile gaming company. We apologize for the error. The deal comes at a time where gay rights in China is a very sensitive topic and millions around the country are still stigmatized by a more conservative society that only saw homosexuality removed from the national list of mental disorders in 2001. Grindr Gay dating app Grindr is to be sold by its Chinese owners because of a potential threat to national security. Before the law even came into effect, the Chinese government had pressured foreign technology companies to operate servers only within its borders — meaning the data is available to Chinese authorities under Chinese law. Misuse of data is a particularly sore spot for Grindr, which has been hit with a number of unflattering headlines over the past year, including the revelation that the app was. Firefighters work to douse a fire in a multi-storied office building in Dhaka , Bangladesh.