Kevin O’Leary is able to make a deal to cease the U.S. TikTok ban.
The Shark Tank star has teamed up with different entrepreneurs—together with former Los Angeles Dodgers proprietor Frank McCourt—to guide a bid in buying the social media platform from its Beijing-based father or mother firm ByteDance, which has been required by U.S. officers to promote its property to an American purchaser or face a nationwide ban.
Nonetheless, O’Leary believes he wants assist from President-elect Donald Trump to complete the job.
“Trump can be who now we have to work with to shut the deal within the months forward,” he stated throughout a Jan. 6 look on Fox Information’ The Story with Martha MacCallum, per The Wrap. “So, I needed to let him know—in addition to others in his cupboard—that we’re doing this, and we’ll want their assist.”
As to why O’Leary needs to buy TikTok?
“This is not nearly shopping for TikTok’s U.S. property,” he wrote in a Jan. 6 message on X, previously Twitter. “It’s about one thing a lot larger: defending the privateness of 170 million American customers.”
