'Shark Tank's' Kevin O'Leary Nears Deal To Buy TikTok’s U.S. Business Amid Looming Ban

2025-01-08 4,239

Kevin O'Leary, star of Shark Tank, is close to securing a deal to buy TikTok's U.S. business to prevent the app from being banned. He announced the move on Fox News and revealed plans to partner with former Dodgers owner Frank McCourt. The deal could cost up to $300 billion, with assistance from President-elect Donald Trump expected to help finalize the acquisition. The U.S. government has raised concerns over TikTok's connection to China, but public opposition to a ban remains low. TikTok has also requested a U.S. Supreme Court hearing to block the law banning the app.