On Friday, during an appearance on Fox News Channel's "The Story," investor and Shark Tank star Kevin O'Leary said that he or another American will purchase TikTok to prevent its closure.
Gillian Turner, the guest presenter, said, "Some people claim I manage my little business's marketing on TikTok. Even now, I use TikTok as a platform for sales and transaction closure. What will happen to the small company economy if it is finally outlawed?
It will not be outlawed, according to O'Leary. I intend to purchase it. There will be a buyer. Meta and Google will not be involved. It will be stopped by a regulator. There is going to be a syndicate. Of course, I would want to be involved. Creating a nonpartisan, 18-month advisory council is what I would do. Ask them how much of the Chinese they can retain when you go to them.
He went on, "We can close the Chinese back doors if we hire an American CEO, relocate the servers here to the US, and rebuild the code. Everyone desires it. Establish a mandate and leave something to the Chinese's taste. They are allowed to retain 20%. This is worth billions, the way you manage a process. One of the most prosperous social media channels for advertising nowadays. My businesses all make advantage of it. I will purchase that. If I can get the House's approval, I can form a syndicate. If this is something that will cause political bucking, no one wants to sponsor it. I can close this transaction if we use only American ingredients, even for the servers. I would want to purchase it.
Gillian Turner, the guest presenter, said, "Some people claim I manage my little business's marketing on TikTok. Even now, I use TikTok as a platform for sales and transaction closure. What will happen to the small company economy if it is finally outlawed?
It will not be outlawed, according to O'Leary. I intend to purchase it. There will be a buyer. Meta and Google will not be involved. It will be stopped by a regulator. There is going to be a syndicate. Of course, I would want to be involved. Creating a nonpartisan, 18-month advisory council is what I would do. Ask them how much of the Chinese they can retain when you go to them.
He went on, "We can close the Chinese back doors if we hire an American CEO, relocate the servers here to the US, and rebuild the code. Everyone desires it. Establish a mandate and leave something to the Chinese's taste. They are allowed to retain 20%. This is worth billions, the way you manage a process. One of the most prosperous social media channels for advertising nowadays. My businesses all make advantage of it. I will purchase that. If I can get the House's approval, I can form a syndicate. If this is something that will cause political bucking, no one wants to sponsor it. I can close this transaction if we use only American ingredients, even for the servers. I would want to purchase it.
