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What will be the primary reason for TikTok's US operations sale outcome by January 19, 2025?
2
Resolution / Starting Odds
National Security Concerns • 25%
Financial Offer • 25%
Regulatory Pressure • 25%
Other • 25%
Analysis from credible news sources or official statements
Story
Kevin O'Leary Bids $20 Billion for TikTok's US Operations as ByteDance Faces Sunday Deadline
Jan 17, 2025, 08:30 PM
Kevin O'Leary, known from 'Shark Tank,' has made a $20 billion cash offer to purchase TikTok's US operations. This bid comes in response to a looming deadline set by a federal law upheld by the Supreme Court, which mandates that TikTok must be sold to a non-Chinese entity or face a ban in the US. The law, signed by President Joe Biden, aims to address national security concerns related to TikTok's Chinese ownership by ByteDance. O'Leary's proposal, formed in partnership with billionaire businessman Frank McCourt, is the only known bid at this time, and he has expressed excitement about the opportunity to acquire the app, which has 170 million US users. He has also mentioned a plan to ensure user data privacy and to potentially share revenue with users. The deadline for ByteDance to divest TikTok is Sunday, January 19th, after which the app could go dark in the US if no sale is agreed upon.
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Data privacy issues • 25%
National security concerns • 25%
Business strategic decision • 25%
Political pressure • 25%
National security concerns • 25%
Legal settlements • 25%
Financial offer acceptance • 25%
Other reasons • 25%
Other resolution • 25%
Supreme Court upholds ban and TikTok shuts down • 25%
TikTok sold to an approved buyer • 25%
Supreme Court delays or overturns the ban • 25%
Other outcome • 25%
Not sold, ban overturned • 25%
Sold to another U.S. entity • 25%
Divestment completed • 25%
Ban enforced • 25%
No action taken • 25%
Other • 25%
Continues under ByteDance • 25%
Banned in the US • 25%
Sold to Elon Musk • 25%
Operations banned in the U.S. • 25%
Sold to Elon Musk's X • 25%
Acquired by another entity • 25%
Continues operations without change • 25%
Acquired by Elon Musk • 25%
Banned in the U.S. • 25%
Other • 25%
TikTok banned • 25%
TikTok sold to US company • 25%
Supreme Court blocks ban • 25%
Sold to McCourt and O’Leary • 25%
Sale postponed • 25%
Not sold • 25%
Sold to another party • 25%
Extension granted for divestment • 25%
ByteDance divests and TikTok continues operations • 25%
TikTok is banned in the U.S. • 25%
Other outcomes • 25%
Other reason • 25%
Legal action by TikTok • 25%
Compliance with court ruling • 25%
Biden administration intervention • 25%
Banned in the US • 25%
Acquired by another entity • 25%
Continues under ByteDance • 25%
Acquired by Kevin O'Leary • 25%
Sold to MrBeast • 25%
Not sold, banned • 25%
Not sold, not banned • 25%
Sold to another buyer • 25%
Sold to a U.S. company • 25%
Sold to a non-U.S., non-Chinese company • 25%
No sale completed, TikTok banned • 25%
Extension granted • 25%
Other outcome • 25%
Sold to a US company • 25%
Shut down • 25%
Continues without changes • 25%