TikTok was in court earlier this week making its case against the so-called “ban bill” which would require its Chinese parent company ByteDance to divest from the social video app or risk a nationwide ban.
Project Liberty Founder Frank McCourt is hoping to acquire the company, and joins Asking for a Trend to lay out his case.
“We agree with the government’s position. I think it’s pretty clear to everyone now that the Chinese Communist Party controls TikTok and that they’re holding the information on 170 million Americans, is not a good thing. It’s a real threat. And of course, the ability to manipulate 170 million Americans is even more of a threat,” McCourt tells Yahoo Finance.
To watch the full interview, visit the Yahoo! Finance website here.