Official status of TikTok's operations in the U.S. on January 20, 2025

Kevin O'Leary Offers $20 Billion to Buy TikTok's U.S. Operations from ByteDance Before Deadline

Jan 17, 2025, 11:07 PM

Kevin O'Leary, known from 'Shark Tank,' has offered $20 billion in cash to purchase TikTok's U.S. operations from ByteDance. This bid comes as the Supreme Court upheld a federal law that would ban TikTok unless it is sold to a non-Chinese entity by January 19. O'Leary's proposal aims to keep the platform operational for its 170 million U.S. users, amid concerns over national security and data privacy. He has expressed readiness to work with ByteDance to finalize the deal before the looming deadline.