Grindr declined to comment. CFIUS and Kunlun did not respond to requests for comment.
Reuters did not learn what the specific issues raised by CFIUS were, but the US government is concerned that Chinese companies could help the Chinese government spy on users. Grindr has access to particularly sensitive user data, including sexual orientation, geolocation and HIV status. This is a potential gold mine for master singers, but it may not be the only concern of the agency.
Governments are increasingly concerned about how adversaries can use the data, said Brett Bruen, former director of global engagement at the White House, who now heads the consulting firm Global Situation Room. "The data is the new frontier in spying and exploiting weaknesses, whether they are individuals or institutions," he said. "Any technology company, whether it's an LGBTQ dating application or a commercial site, is a rich and focused environment." He said the US government and other governments "will take more aggressive action." to protect their citizens and national security.
Timothy P. O. Toole, a lawyer who deals with CFIUS cases at the Miller & Chevalier law firm in Washington, agrees. He says that although CFIUS forces companies to unwind an unusual agreement, it's not uncommon. Toole adds that what is most surprising is that Kunlun apparently did not try to clear the deal with CFIUS in advance. "I think it may be the beginning of a trend," he says. "As more and more prestigious cases come to light, I think we will see the committee come back more often to cancel agreements.
Foreign investment aside, Grindr's handling of confidential confidential data has been a concern. Cable reported in 2016, security researchers could discover the location of Grindr users and similar applications. Last year BuzzFeed reported that Grindr shared the HIV status of users with other companies (Grindr said that he had stopped doing so). Senators Edward J. Markey (Massachusetts) and Richard Blumenthal (American Connecticut) sent letter Kunlun CEO Zhou Yahui informed him of Grindr's privacy practices.
Chinese companies have expanded their presence in the US social media and technology market. For example, the popular video sharing app TikTok Belongs to the Beijing-based company, Bytedance, and Chinese tech giant Tencent has invested $ 150 million in Reddit earlier this year. (The majority shareholder of Reddit is Advance Publications, which is also owner of WIRED publisher, Count Nast).
Meanwhile, regulatory maneuvers have become a front in the trade war between the United States and China. Last year, CFIUS blocked the sale of the MoneyGram money transfer service to Ant Financial, a company owned by Alibaba and its CEO, Jack Ma, and China. sabotaged Qualcomm's efforts to acquire Netherlands chip maker NXP. Sometimes the logic behind these decisions may be obscure. for example CFIUS has prevented Singapore-based chips maker Broadcom from acquiring Qualcomm Last year, asserting that consolidation of the semiconductor industry could help Chinese companies such as Huawei, even if China had nothing to do with this agreement.
The new service, called Apple News + (pronounced "plus"), will be integrated with the current Apple News application. At present, the News app has three tabs at the bottom: Today, Morning Digest and Channel. With an iOS update and macOS, which will be released today, it will change to say today, News + and following. Today 's day is devoted to the news of the day. The following information refers to the media and categories followed by users, and News + is the subscription service.
Apple promises an informal experience, and insists that its reading habits will remain totally private, both vis-à-vis Apple and advertisers.
Roger Rosner, vice president of Apple applications, said at a media event Today, more than 300 magazines will be available as part of the $ 10 monthly service. "It's the only place where you'll find all these magazines in one package," he said. These magazines include L & # 39; Atlantic, Cosmopolitan, On the outside, Sunset, Enjoy your meal, Golf, Marie Claire, National Geographic, Cable, New York Magazineand Popular science. In addition, the first digital properties such as TechCrunch, Vox.com and The Skimm newsletter service will also contribute to the content of the paid service.
One of the distinct advantages of Apple – besides its huge crate, which is sorely lacking in certain multimedia properties – lies in its prowess in mobile design. Wyatt Mitchell, director of application design for Apple (and WIRED alum), showed today on the Steve Jobs Theater scene how some magazines will have "live" images in the News + app. National Geographic, for example, could have a video excerpt from Sydney's skyline line, Australia, as one of its covers. Apple also promises an informal experience, and insists that people's reading habits will remain completely private, both at Apple and advertisers.
However, the scope of the News + application will be limited in some respects. It is available only in the United States and Canada, with launches in Australia and the United Kingdom scheduled for later this year. It also seems to be available on iOS devices, which was the case with the previous version of Apple News.
The subscription service to Apple news was not exactly a secret before Monday's unveiling. In 2018, the company acquired Texture, a digital news broadcasting and subscription service created by a consortium of renowned publishers, including Hearst Magazines, Meredith Corporation, and Conde Nast (WIRED's parent company). The vice president of software and services at Apple said at the time that the company was committed to "build quality journalism with reliable sources." By the time Apple made plans for its new premium news service, information about the project began to flow.
What has been unknown is exactly what this new premium news service would look like. The terms for some publishers have also been a subject of contention for some; newspapers like The New York Times and The Washington Post are not part of the service. In some cases, Apple would have received up to 50% reduction in the revenue share of new subscriptions sold through the app, a much higher revenue share than the 30% fees charged by developers of applications (which was also the subject of litigation).
However, The Los Angeles Times, The Wall Street Journaland L & # 39; star, Canada's largest newspaper, have joined Apple News +.
Today, Apple has also announced a new credit card service called Apple Card, a new video game service called Apple Arcade and a new streaming service for Apple TV, Mac and smart TVs. The event is still going on, so watch the coverage of other services here on WIRED.
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