Shark Tank investor Kevin O'Leary has come into the limelight once again intending to purchase the social media app, TikTok. The competition to acquire the app has taken an intriguing turn.
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.
"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 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.
Canadian investor Kevin O'Leary is still interested in a TikTok ... owned by China-based tech giant ByteDance, stay active under a joint venture with a 50% American stake. Get top local stories ...
Headed up by Trump pal Larry Ellison, TikTok has an existing partnership with Oracle. The cloud company already hosts TikTok’s US user data and the company was a key part of TikTok’s original negotiations to remain operational in the US under a plan called Project Texas. (Those negotiations abruptly fell apart in 2022.)
It's no secret that Kevin O'Leary, the Shark Tank investor, is an avid watch lover. Recently on his Instagram, he shared yet another curious product with the fans.
Shark Tank investor Kevin O'Leary recently updated his followers about his offer of $20 billion to buy TikTok.
Shark Tank investor Kevin O'Leary recently sparked a discussion about crypto, especially Bitcoin, with his latest reel on Instagram.
Television personality, financier, and entrepreneur, Kevin O’Leary, also known as ‘Mr ... TikTok a national security threat and required Bytedance, the platform’s Chinese parent company ...