Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC.
Kevin O’Leary says that he’s still interested in a deal for TikTok, but that it’s no longer legally viable, even after Trump extended a ban on the platform.
House Majority Leader Steve Scalise (R-La.) said he had a “great meeting” with Kevin O’Leary on Tuesday at the White House. “It’s a new era of AMERICAN business growth with President Trump
NEW YORK (AP) — The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations.
In the wake of a U.S. Supreme Court ruling from Friday the app was to shut down after the court upheld a bipartisan law that banned TikTok nationwide, provided it was still controlled by its Chinese parent company.
While Trump made efforts to ban TikTok during his first term, he switched his stance on the app last year. Trump asked the Supreme Court last month to put the brakes on the law targeting TikTok, saying he wanted to "negotiate a resolution" to save the social-media platform while addressing national-security concerns.
President-elect Donald Trump is considering issuing an executive order aimed at rescuing TikTok from being banned from U.S. app stores in four days. What To Know: According to the Washington Post, sources familiar with the matter said Trump is brainstorming strategies to save TikTok from the law signed by President Joe Biden set to ban the app on Sunday.
Kevin O’Leary says that he’s still interested in deal for TikTok, but that it’s no longer legally viable, even after Trump extended a ban on the platform.
Investor Kevin O’Leary, widely known as a star from “Shark Tank,” said he offered TikTok’s owners $20 billion in cash to buy the platform during a Friday appearance on Fox News’s “Amer ...
Kevin O’Leary wants to buy TikTok and he spent the weekend at Mar-a-Lago trying to convince President-elect Donald Trump he’s the right guy to run the controversial short video app.
China’s foreign and commerce ministries didn’t immediately respond to requests for comment on whether Beijing would allow the American government to own part of TikTok.
President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US government.