Kevin O’Leary’s $20B TikTok offer is rejected as ByteDance confirms it won’t sell the key technology behind the app’s success.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
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. President Donald Trump on Monday delayed by 75 days the imposition of a law that would effectively ban ByteDance’s (BDNCE) TikTok in the U.
"Shark Tank" investor Kevin O'Leary details how he and partner Frank McCourt would improve TikTok if their bid to purchase its U.S. assets from ByteDance is successful.
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.
Mark Cuban is leaving no room for doubt when it comes to Kevin O'Leary's plan to buy TikTok's U.S. operations. The billionaire investor and “Shark Tank” star took to X to critique the bid, calling it a long shot and warning O'Leary about the risks involved.
"Shark Tank" investor Kevin O'Leary discussed TikTok's future, particularly the role of a "secret golden share" as his offer for the platform remains on the table.
TikTok is a huge part of American online culture, with millions of users consuming, posting and sharing content every day. But the app’s future in the U.S. is uncertain. If its parent company, ByteDance, doesn’t agree to a sale, TikTok faces a nationwide ban following the passage of a national security law in April.
Kevin O’Leary, the businessman of Shark Tank fame ... effect on January 19 because TikTok’s Chinese parent company, ByteDance, refused to sell it — are subject to enormous fines.
Canadian investor Kevin O'Leary is still interested in a TikTok ... led by Project Liberty Founder Frank McCourt, had offered ByteDance $20 billion in cash to buy TikTok in an appearance on ...
In the ever-evolving saga of TikTok's potential acquisition, Kevin O'Leary emerged with a candid Instagram update that cut through the digital chatter.