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TikTok ban: ‘Shark Tank’ investor, ex-LA Dodgers owner make last-ditch effort to buy app

SCMP LogoSCMP1d ago

TikTok ban: ‘Shark Tank’ investor, ex-LA Dodgers owner make last-ditch effort to buy app - SCMP

Quick Summary:

Shark Tank’s Kevin O’Leary and billionaire Frank McCourt have joined forces to buy TikTok’s US operations before a nationwide ban takes effect.

Kevin O’Leary is part of a group that has been putting together a bid for TikTok’s US business.“Kevin has been a relentless advocate for new ownership of this platform as he understands the enormous opportunity a sale presents for investors, the millions of creators who rely on the platform for their livelihoods, and everyday Americans who love the platform,” McCourt said in a statement.

The effort is being spearheaded by billionaire Frank McCourt, who sold the Dodgers in 2012.


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Article Details

Author / Journalist: Tribune News Service

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 17:21:01 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 244 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 41 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 24972634

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About SCMP

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Main Topics: Technology

Official Website: scmp.com

Update Frequency: 9 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #41

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