While President Joe Biden signed legislation on Wednesday that would force Chinese tech giant ByteDance to sell TikTok in nine months or else be banned in the United States, the question of who could actually swoop in and buy the social media platform remains.
Kevin O’Leary, chairman of O’Leary Ventures, speaks during the DC Blockchain Summit in Washington, D.C., US, on Tuesday, May 24, 2022. Photographer: Valerie Plesch/Bloomberg Google is also dealing with an antitrust lawsuit involving its search and advertising technology businesses, which experts say makes it a bad candidate to buy TikTok.
“If you were to say, like, an Intel, or a Cisco, maybe Oracle, I don’t know,” Kimmelman added. “If you were to tell me it’s Verizon, or AT&T, maybe it’s not as big of a problem.”
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