Kevin O’Leary, a businessman known for his role on “Shark Tank,” has announced his intention to buy the U.S. operations of TikTok. This comes just before a possible ban on the popular app, which could happen on January 19, 2025.
O’Leary is working alongside Frank McCourt, the former owner of the Los Angeles Dodgers, to secure the deal. The goal is to protect the privacy of TikTok’s 170 million American users and ensure that the platform is fully American-owned.
O’Leary has also mentioned that he plans to collaborate with President-elect Donald Trump to finalize the purchase and make sure it meets government requirements. The deal aims to keep TikTok running in the U.S., while addressing security concerns about the app’s ties to China.
This move highlights the growing concerns about data privacy and national security related to foreign-owned tech companies operating in the U.S. The outcome of this acquisition could shape the future of TikTok in the country, keeping it accessible to users while ensuring American control over its operations.
