Shark Tank investor, Kevin O'Leary, has proposed a deal to TikTok to buy the algorithm at $20 billion. He is calling this the Project Liberty and in a recent reel on his Instagram, shared the details of how he envisions the future of the application to be.
Shark Tank investor Kevin O'Leary has become the go-to mentor for youngsters when it comes to business talks and obtaining ideas about startups.
Kevin O’Leary of Shark Tank fame has announced that he is joining a consortium pushing to buy TikTok before the company’s ban in the US. The deadline for the Chinese-owned company’s sale or demise is just eleven days away; and the company’s C-Suite is desperately trying to make a deal with the incoming Trump administration.
Shark Tank investor Kevin O'Leary, in his recent reel on Instagram, shared his opinions about capitalism and the American dream.
The Supreme Court upheld a US law that bans TikTok on Jan. 19 unless it is sold to an owner not controlled by a foreign adversary, a ruling that creates new uncertainty for a social-media app used by 170 million Americans.
The high court's decision could set the stage for usage of TikTok to end in the U.S., as the law calls for app stores and other enterprises to stop supporting it. TikTok reportedly may be ready to shut down entirely on Sunday and to direct users to a site with information about the ban.
While Trump made efforts to ban TikTok during his first term, he switched his stance on the app last year. Trump asked the Supreme Court last month to put the brakes on the law targeting TikTok, saying he wanted to "negotiate a resolution" to save the social-media platform while addressing national-security concerns.
President-elect Donald Trump is considering issuing an executive order aimed at rescuing TikTok from being banned from U.S. app stores in four days. What To Know: According to the Washington Post, sources familiar with the matter said Trump is brainstorming strategies to save TikTok from the law signed by President Joe Biden set to ban the app on Sunday.
The owners behind TikTok and other Chinese officials are debating what to do in the event that the U.S. Supreme Court upholds a law that would force a sale or ban TikTok in the U.S. Things are looking like they might be ruled that way,
The owners behind TikTok and other Chinese officials are debating what to do in the event that the U.S. Supreme Court upholds a law that would force a sale or ban TikTok in the U.S. Things are looking like they might be ruled that way,
Chinese officials are considering Tesla Inc. TSLA CEO Elon Musk as a potential buyer for TikTok’ s U.S. operations, as the social media platform faces a Jan. 19 deadline to divest or shut down.
On January 10, 2025, the U.S. Supreme Court heard arguments that could decide the fate of TikTok in the U.S. With the law requiring China-based ByteDance to sell TikTok’s U.S. operations or face a ban set to take effect on January 19,