O’Leary is teaming up with billionaire Frank McCourt to make a play for the app, which faces a nationwide-looking U.S. ban.
Kevin O’Leary of Shark Tank fame and billionaire Frank McCourt, ex-owner of the Dodgers, are teaming up to save TikTok from a looming U.S. ban. Their coalition, the People’s Bid for TikTok, aims to buy the app’s U.S. operations, promising a platform that prioritizes the privacy of TikTok’s roughly 170 million American users.
“This isn’t just about buying TikTok’s U.S. assets,” O’Leary said in a statement on X on Monday. “It’s about something much bigger: protecting the privacy of 170 million American users. It’s about empowering creators and small businesses. And it’s about building a platform that prioritizes people over algorithms.”
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