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VisitWhat changes will be proposed to TikTok's algorithm by March 31, 2025?
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Official announcements or press releases from TikTok or Kevin O'Leary
Kevin O'Leary and Frank McCourt Bid to Buy TikTok from ByteDance, Seek Trump's Support to Prevent U.S. Ban
Jan 6, 2025, 08:58 PM
Shark Tank investor Kevin O'Leary has announced that he is joining with billionaire Frank McCourt in a bid to acquire TikTok from its Chinese parent company ByteDance to prevent the app from being banned in the United States. The multibillion-dollar deal aims to be finalized by January 19th. O'Leary plans to rewrite TikTok's algorithm to address security concerns. He met with President Donald Trump at Mar-a-Lago over the weekend to inform him of the plan and to request assistance from the administration, stating that they will need the government's help to close the deal.
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