O’Leary will call Tiktok “spyware” as the US ban deadline approaches in September
O’Leary Ventures Chairman Kevin O’Leary discusses the bid to buy Tiktok on “Claman Countdown.”
The clock falls due to Chinese ban Social Media Platform Tiktok is one of the leading bidders for a very popular app called “spyware,” and says lawmakers who voted to pass the “sell or ban” bill more than a year ago are ready to push the issue up.
Chairman of O’Leary Ventures in an exclusive interview with Fox Business Kevin O’Leary -Along with billionaire Frank McCourt Jr., the official bid to gain control of Tiktok, said multiple extensions to President Donald Trump’s deadlines have faded and Republican senators have lacked patience.
“If you asked me two weeks ago, I would have said yes, probably the fourth extension. Chinathat may work until after the medium term. And now? Currently, Senators (Tom) Cotton, Rick Scott and Ron Johnson, they are Republicans. They just say the law is the law and it’s time to pull the plug. Because is it spyware? Yes, that’s right. “
Trump is fighting the CCP. We have protected our base and critical infrastructure in the past time.
The U.S. federal court of appeals on Friday upheld a law that required China-based rulers to sell or face bans by early next year the popular short video app Tiktok, which is popular in the US. (Reuters/Dad Luvik/File Photo/Reuters)
The Tiktok Act, officially known as “protecting Americans from hostile foreign application laws,” was signed into law on April 24th last year. The law faced a nationwide ban either selling shares in the app to US entities to Tiktok’s Chinese parent organization until January 19, 2025. Since then, President Trump has pushed three enforcement dates, the latest being June 19th.
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In a statement, the White House gives app stores carrying Tiktok a temporary pass, saying, “The Department of Justice will not take steps to enforce Americans that protect against the “foreign hostile application laws,” or imposes penalties on any entities for violations of laws such as distributing, maintaining or updating apps.”
Kevin O’Leary Tiktok’s thumb (Getty Images/Getty Images)
Recently, the administration may have lost patience by dancing around deadlines, Commerce Secretary Howard Lutnick said in an interview with CNBC that “Titktok will be dark” if China refuses to approve a deal for Tiktok US sales by mid-September.
“We made a decision,” Rutnick said. “You can’t have Chinese control and have something on 100 million American phones.”
O’Leary agreed to talk to Fox Business. “Howard, Secretary of Commerce Howard) Lutnick said the right thing because there is pressure from lawmakers who wrote this law that passed these multiple extensions.
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This question has progressed all the way to the Supreme Court. Last December, President Trump then asked Scotus to suspend enforcement of the ban until his administration could pursue a political solution to the issue. But a few weeks later, the Supreme Court unanimously upheld federal law, assessing the national security risks posed by Tiktok’s relationship with China, and overcoming concerns about restrictions on freedom of speech.
President Trump is scheduled to sign an executive order this week delaying the 90-day ban on Tiktok, according to White House press chief Caroline Leavitt. (Getty Images/Fox News)
ByteDance is expected to provide the solution ahead of the September 17th deadline. Rather than selling the app, the information says it plans to present the new version to US users.
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“There’s no chance that someone who wrote spyware can write new spyware. Are we all stupid? I mean, do you think Congress will make it work? The probability of zero is zero. Zero. “It’s like a Trojan lying around. ‘Don’t you like that spyware? How about this spyware?” I mean, it’s crazy. ”