A source familiar with the matter said on Monday that Kunlun's efforts to sell Grindr outright were continuing even as the IPO preparations were relaunched. The United States has been increasingly scrutinizing app developers over the safety of personal data they handle, especially if some of it involves U.
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CNBC Newsletters. Democratic U. Leaders who are shaping the future of business in creative ways. The unraveling of the Grindr deal also highlights the pitfalls facing Chinese acquirers of U. Key Points.