Barstool Sports founder Dave Portnoy weighs in on the TikTok debate.
Dave Portnoy, founder and president of Barstool Sports, says it’s hard to understate the importance of TikTok. Small businesses and content creators As lawmakers outline next steps for social media platform.
“I’m very concerned about how many people are making a living. It’s huge. You can’t discount that. And just to destroy it — and when people who are invested in meta write the bills, it’s all confusing.” He said on “The Will Cain Show” on Tuesday.
Tik Tok went dark in the United States on Saturday night after removing the app from China Parent company ByteDance He couldn’t sell the platform to an American buyer.
Tik Tok Ban Message In this photo illustration, the Tik Tok logo is displayed on a mobile phone screen on a tablet screen. Done at Brussels, Belgium, this 19th day of January, 2025. (Jonathan Rae / CPA USA)
In the year President Donald Trump, who has backed banning TikTok in 2020, signed an executive order on Monday, his first day in office, granting a 75-day extension to allow it to continue operating in the United States.
wrote John Mullenar, R-Mich., chairman of the House Select Committee on the Communist Party of China. Op-ed explaining the next steps For TikTok.
Senator calls TikTok a ‘tool’ and tells US people to ‘know the fun truth’ about it
“TikTok’s attempts to blame the government are misleading. The law is not a ban, and Congress has given TikTok a straightforward way to continue operating: it will cut ties with the Chinese government, and the ban will be lifted immediately,” Moolenaar wrote. “When the law passed last April, Congress gave ByteDance 270 days to sell its stake in Tik Tok’s parent company and take control of the platform.”
But as American buyers lined up to make bids, Byte Dance declined to discuss the terms of the sale. In its move, the company seems willing to look into the report. 50 billion dollar American jobs Instead of complying with the law’s simple criteria for hacking, go out in flames,” he continued.
The TikTok logo is seen on a smartphone in an example taken on January 6, 2020. (Reuters/Dado Ruvic)
In a video posted on YouTube, Portnoy said the TikTok debate was reminiscent of the early days of the Covid-19 pandemic, when the government told businesses not to open their doors because they had to “protect you”.
“So many creators, small businesses that have worked for years, to build a living, to build their business on TikTok, they finally succeed and the government is like Boop! Sorry, cut off your leg. You’re done,” he said in the video.
Pournoi told Fox News host Will Cain that he doesn’t trust the social media network and doesn’t know how to do it. CCP uses the app To collect user information.
FILE – This Feb. 25, 2020, file photo shows the TikTok icon in New York. According to reports published on Friday, July 31, 2020, President Donald Trump will order China’s ByteDance to sell TikTok, the popular video app. “We might be banning TikTok.” (AP Photo/File) (AP Photo/File)
“I don’t have a secret service telling me everything they’re worried about. I got the misinformation by degrees. The spy? I don’t know. I’m just a regular guy sitting here looking at TikTok and asking, ‘What are you talking about?’ He explained.
He wrote on Truth Social over the weekend that he wants to see Trump The United States has “joint ventures.” Between the existing owners and/or the new owners, the United States would acquire 50% ownership in a joint venture between the U.S. and any acquisition we choose.”
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“No TikTok” without a US license, he added. “Hundreds of billions of dollars—perhaps trillions—of our approval.”
