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.
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, the businessman of Shark Tank fame, revealed that he's willing to pay $20 billion in cash for TikTok on Friday.
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.
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.
Kevin O'Leary says he has a $20 billion cash bid out on TikTok in order to save the Chinese-owned app from the Supreme Court's decision and going dark by midnight on Sunday.
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.
ByteDance has repeatedly stated it has no desire to sell TikTok, yet O’Leary has been persistent in his campaign to buy the U.S. arm of the platform — even without the algorithm in place.