Kevin O’Leary’s $20B TikTok offer is rejected as ByteDance confirms it won’t sell the key technology behind the app’s success.

Investor Kevin O’Leary announced a $20 billion cash bid to purchase TikTok from ByteDance, its Chinese parent company, during a Fox News interview. The offer comes as the Supreme Court upheld a bipartisan law forcing ByteDance to divest from TikTok, citing national security concerns.

Shark Tank co-host Kevin O’Leary detailed the consequences of the United States’s possible TikTok ban, which President-elect Donald Trump could prevent within his first few days as president. O’Leary,

Shark Tank’s Kevin O’Leary — a.k.a. “Mr. Wonderful”—said he’s nearing a deal to buy TikTok from its Chinese-owned parent company ByteDance to avoid the U.S. ban on the social media app.

Kevin O'Leary offers $20 billion in cash to purchase TikTok, as the platform faces a national security ban deadline.

Shark Tank’ investor Kevin O’Leary discusses what the SCOTUS decision on TikTok means going forward and if there is still a chance for the app to be saved on ‘Your World.’

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.