Mollie Hemingway: Emphasis on TikTok’s ‘Amazing Data’ Over Larger Chinese National Security ‘Threats’

RUSH TRANSCRIPT BAIER Yeah ░░░░░░░░ friend Kevin O Leary ░░░░░░░░ is making a pitch ░░░░░░░░ a shark tank fame ░░░░░░░░ he is ready to ░░░░░░░░ up to 20 billion ░░░░░░░░ purchase TikTok He is ░░░░░░░░ with an investor group ░░░░░░░░ by billionaire Frank McCourt ░░░░░░░░ I was going to ░░░░░░░░ Shark Tank was pretty ░░░░░░░░ if 20 billion was ░░░░░░░░ from Kevin alone It ░░░░░░░░ not They have got ░░░░░░░░ pitch out there So ░░░░░░░░ the Chinese based company ░░░░░░░░ is not biting on ░░░░░░░░ HEMINGWAY It relates to ░░░░░░░░ the Supreme Court decided ░░░░░░░░ they upheld the law ░░░░░░░░ bans TikTok or prevents ░░░░░░░░ from operating in the ░░░░░░░░ which is really about ░░░░░░░░ national security concerns And ░░░░░░░░ is why the Chinese ░░░░░░░░ government values it so ░░░░░░░░ they have amazing data ░░░░░░░░ on tens of millions ░░░░░░░░ Americans It is interesting ░░░░░░░░ that people aren t ░░░░░░░░ more about the First ░░░░░░░░ concerns in play here ░░░░░░░░ if they care about ░░░░░░░░ There are all these ░░░░░░░░ social media companies that ░░░░░░░░ gotten so involved through ░░░░░░░░ with what Americans are ░░░░░░░░ to talk about say ░░░░░░░░ and they haven t ░░░░░░░░ those concerns there But ░░░░░░░░ on China is a ░░░░░░░░ big deal It s ░░░░░░░░ kind of interesting that ░░░░░░░░ is the first and ░░░░░░░░ thing that Americans come ░░░░░░░░ on that American politicians ░░░░░░░░ come together on when ░░░░░░░░ is involved in so ░░░░░░░░ different businesses has so ░░░░░░░░ former politicians on their ░░░░░░░░ and I think our ░░░░░░░░ are a little suspicious ░░░░░░░░ why it s so ░░░░░░░░ emphasis on TikTok and ░░░░░░░░ all the other threats ░░░░░░░░ national security that China ░░░░░░░░