Already a subscriber? Log in or Activate your account. Two of the partners in that fund eventually became part of San Vicente. CFIUS declined to comment on the deal, including on whether it was aware of the links between Kunlun and San Vicente, which have not been previously reported. Reuters could not determine what representations Kunlun had made to CFIUS, and whether the links between Kunlun and the buyer raised red flags with the panel. However, some experts said any situation in which the seller retained influence over the asset it had been ordered to sell could draw scrutiny from CFIUS and trigger penalties under U.
Gay Dating App Grindr For Sale For $608 Million
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Dating app user logins found on hacking forum
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The deal comes after a U. However, the United States has been increasingly scrutinizing app developers over the safety of personal data they handle, especially if some of it involves U. Reuters reported earlier on Friday that Kunlun was close to signing a sales deal, citing people familiar with the matter. San Vincente Acquisition comprises a group of entrepreneurs and investors in the technology, media and telecommunications industries, a source close to the deal told Reuters.
One of the investors in the group that is nearing a deal to acquire Grindr is Chinese-born U. O , three of the sources said. The identity of the other investors in the consortium could not immediately be learned. Based in West Hollywood, California, Grindr has over 4. O and mobile marketing firm AppLovin by Chinese bidders.
By Keith Cousins , ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Launched by Rep.
^ “Exclusive: Told U.S. security at risk, Chinese firm seeks to sell Grindr dating app”. March 27, – via ^ Street, Mikelle (July
For shoppers, that means a greater ability to negotiate bargains for appspot and for sellers, that means its easier than like to get cash for an item you’re trying to get rid of. With Amazon making it easier and easier for buy things you can now buy stuff alternative download push of a button , after all , it’s easy to forget that the the commerce site also lets you sell things too.
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The downside is that almost anybody could post or respond to a listing. For anybody alternative for a little extra security, meet Facebook Marketplace.
Dating Apps Can Be Dangerous. Congress Is Investigating.
March 6 Reuters – Chinese gaming company Beijing Kunlun Tech Co Ltd is close to signing an agreement to sell popular gay dating app Grindr LLC to a group of investors, according to people familiar with the matter. The move comes after a U. One of the investors in the group that is nearing a deal to acquire Grindr is James Lu, a former executive at Chinese search engine giant Baidu, three of the sources said.
The identity of the other investors in the consortium could not immediately be learned. The sources cautioned that there is no certainty a deal will be struck and requested anonymity ahead of an official announcement. Grindr declined to comment, while Kunlun and Lu did not immediately respond to requests for comment.
Startup Advice and Strategy: Where should I sell my money-making dating app with registered users? 4 Answers. Quora User, Entrepreneur, Startup.
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The app allows members to create a personal profile and use their GPS position to place them on a cascade, where they can browse other profiles sorted by distance and be viewed by nearby and faraway members depending on one’s filter settings. Selecting a profile photo in the grid view will display that member’s full profile and photos, as well as the option to chat, send a “tap,” send pictures, video call, and share one’s precise location.
For its first anniversary on March 25, , Grindr released the app for BlackBerry devices. On March 7, , Grindr launched the app for Android devices. In January , a vulnerability in the app’s security software enabled hackers to change the profile picture of a small number of primarily Australian Grindr users to explicit images. Grindr subsequently commenced legal action and made software changes that blocked the site responsible. On June 18, , Grindr announced that it had officially hit 4 million registered users in countries across the globe.
On July 22, , after Grindr experienced a technical outage, British tabloid The People now The Mirror reported that Grindr’s crash was due to the volume of usage upon the arrival of Olympic athletes in London for the Summer Olympics looking for hookups. Grindr quashed the rumors the next day and blamed the outage on technical issues not related to server demand.
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Photo courtesy of BigStock/vdovichenko. Asia Times reports that one of China’s biggest mobile gaming companies is selling popular gay dating app Grindr for.
Small-time drug entrepreneurs are finding new ways to deliver their wares to homebound customers. As the coronavirus crisis keeps people home by state orders, drug slingers have resorted to food delivery and dating apps to connect with clients. The switch from selling drugs at nightclubs to OK Cupid has gone global, too. On Tuesday, a group of community officers in Hong Kong announced that they caught 10 people using dating apps to buy drugs.
Many of these apps allow customers and dealers to remain anonymous. The community officers are also members of the Democratic Alliance for the Betterment of Hong Kong, a conservative, pro-China political party. But transporting drugs while disguised as a food delivery worker provides cover during lockdowns that dating apps do not. In some countries such as Belgium, France, Ireland , Spain, and Malaysia , quarantine enforcement involves police regularly patrolling the streets and managing road checkpoints at night.
Anyone traveling at night, when drug deals usually take place, can be stopped by the cops and asked to provide credentials. You can get spotted too easily. To avoid arrest, Jerry hired underlings to do the transport and delivery for him while the COVID lockdowns remain in place. Some drug dealers, however, actually are delivery workers.
Everyone knows someone who met their “forever person” though online dating — but not all dating sites are created equal. So, which are the best dating apps for ? The Kochava Collective , host of the largest independent mobile data marketplace, crunched the numbers to recommend a few sites based on the number of users. We took a look at all major dating apps in the Google Play and app stores, and then identified five apps that have the most installs within our data set.
How Much Does It Cost to Develop a Dating App Like Tinder?
You input your name, upload some photos, set your location and sexual preferences and you’re launched into a sea of mostly singles to chat with, meet and take things from there. During the process, you’re also giving up valuable, personal information to platforms that often monetize by selling that data to third parties you’ve never heard of. Not to mention, data breaches abound.
Each app denied many of the accusations. When you sign up for a dating or hookup app, “you’re putting information out there that people can use against you. Are texts the new diamonds?
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