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.
Kevin O'Leary, the businessman of Shark Tank fame, revealed that he's willing to pay $20 billion in cash for TikTok on Friday.
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.
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.
The Supreme Court is set to hear opening arguments in ByteDance’s case to block a sale.
"Shark Tank" star Kevin O'Leary is teaming up with billionaire Frank McCourt on ... said on Thursday it had submitted a bid for the video app to Chinese tech giant Bytedance. The consortium has an uphill battle to acquire TikTok, despite the app being ...
The "Shark Tank" investor has joined a bid to buy the U.S. assets of the popular social media platform off its Chinese parent company.
Kevin O'Leary and Frank McCourt have teamed up to potentially acquire TikTok's US assets, aiming to prioritize user privacy and address national secur