homeagain wrote: AHEM.....name the contenders in the sale... WHO/WHAT is in the wings,and just needed more time....
I call bullshit. (unless u state actually potential buyers)
"Mr Wonderful" aka Kevin O'Leary, tendered a $20 billion all cash offer for TikTok
Investor Kevin O’Leary, widely known as a star from “Shark Tank,” said he offered TikTok’s owners $20 billion in cash to buy the platform during a Friday appearance on Fox News’s “America’s Newsroom.”
“Right now, $20 billion is on the table, cash, cash, $20 billion,” O’Leary said touting his bid at the conclusion of the call-in.
He said he’s waiting to see if the offer is enough.
O’Leary said the leadership of companies hosting the TikTok app are certainly getting counseled on whether any fines would take effect, based on a potential action from the incoming Trump administration.
“We don’t know if an executive order can override a law from Congress. There’s a case in 1937 that was used successfully, but you don’t know.”
The Canadian businessman said he believed the federal government hasn’t been able to confirm if American account holders’ data is being shared with China’s leaders, but that it wasn’t worth the risk.
“Nobody knows the extent of which the algorithm provides data. It’s been highly speculated,” he stated.
O’Leary said he thought the risk prompted the high court’s opinion upholding the ban Friday.
HOLDING THE BAN...HIGH RISK AS A REASON. ya think? as I stated...the continuing ban would be an incentive to "get er' done''
There's a bona fide offer on the table . . . $20 billion . . . and the law that Congress passed allows for a 90 day extension to complete the sale. The law, refreshingly, is being followed. Surely Congress considered the ongoing risks when they wrote that extension provision into the law, but even if they did not, it is a part of the law and the law is being followed.
Unlike, say, the student loan forgiveness undertaken by Biden even after being told, by the courts no less, that such actions exceeded his constitutional authority.
