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Daily Dashboard | Chinese group tones down Opera acquisition to evade privacy concerns Related reading: EU parliamentary elections: The process and potential digital policy impacts

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A deal between Opera Software and a coalition of Chinese companies was scrapped amid growing privacy concerns from the group, Reuters reports. The Kunqi consortium’s concerns over the safety of their customers’ personal information put an end to the original deal. The group will proceed with a smaller agreement to purchase only a limited part of Opera’s business assets. The original deal was awaiting confirmation from U.S. regulators, but the Kunqi consortium backed away from the table after discovering the length of time it could take to ensure the transaction wouldn’t affect user privacy. "This would be extremely rigorously investigated during the U.S. government's audit and probably would have delayed the entire acquisition process by six months to a year," a spokeswoman from consortium member company Kunlun told Reuters.
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