Billionaire and Shark Tank co-host Kevin O’Leary said there would be roadblocks related to a potential purchase of TikTok, which has been discussed as a possibility in recent weeks.
The House of Representatives voted 352–65 last week to pass the Protecting Americans from Foreign Adversary Controlled Applications Act, which would require TikTok to either separate itself entirely from its Chinese parent company ByteDance or risk getting banned in the United States. O’Leary, who has described TikTok as one of the largest networks in the world, noted that a sale of TikTok with its algorithm will likely not happen, as China is protective of the data of its own people.
“So when people talk about this being a $100 billion transaction, no chance,” O’Leary said on Fox News’s The Story with Martha MacCallum. “If they’re not selling the algorithm, I have to r …