Monday, August 31, 2020

US hotel operator MCR Development to buy StayNTouch, a cloud platform for hotels, for $46M, after Trump said StayNTouch's Chinese owners threaten US security (Katy Stech Ferek/Wall Street Journal)

Katy Stech Ferek / Wall Street Journal:
US hotel operator MCR Development to buy StayNTouch, a cloud platform for hotels, for $46M, after Trump said StayNTouch's Chinese owners threaten US security  —  MCR Development's planned acquisition comes after Trump said ownership of StayNTouch by Beijing Shiji Information Technology threatens U.S. security



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