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New York Post

New York Post

Technology

Technology

‘Make TikTok wonderful again’: Kevin O’Leary explains his plan to save the social media platform

New York Post
Summary
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' Shark Tank' star is teaming up with Project Liberty founder Frank McCourt to purchase TikTok 's US assets from its parent company, ByteDance .

TikTok is facing a potential ban due to the Protecting Americans from Foreign Adversary Controlled Applications Act, a law signed by President Biden that passed in Congress last April .

Lawmakers on both sides of the aisle have warned about the potential national security threat TikTok allegedly poses via US phones.

O'Leary argued his and Frank McCourt’s ambitious plans for TikTok heavily rely on Xi Jinping .

“I think the only person that matters in this deal is the Supreme leader, who's got to decide,” he said.

O’Leary stressed that he thinks ByteDance should give their offer serious consideration after their free speech argument in court “fell on deaf ears”.

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