Shark Tank Guy Might Buy TikTok…


Kevin O’Leary is leading a multi-billion dollar effort to acquire TikTok’s U.S. assets amid bipartisan support and concerns over its Chinese ownership, as the app’s immense popularity and value make it a prime target for acquisition.

00:00 TikTok may have a potential buyer from Shark Tank, rumored to be someone who will cooperate with Trump.

00:37 Buying TikTok may not guarantee access to its algorithm, but the brand’s popularity ensures users will continue to engage with the app while a new algorithm can be developed.

01:26 TikTok’s immense value makes it likely to be acquired, despite uncertainty about who will buy it.

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02:31 Kevin O’Leary from Shark Tank is leading a multi-billion dollar effort to buy TikTok’s U.S. assets to prevent its ban.

03:44 A potential deal to sell TikTok’s U.S. assets hinges on bipartisan support from Biden and Trump, with the app’s value estimated at $100 billion.

04:38 Companies may consider buying a portion of TikTok to avoid a complete shutdown, but the value of such a deal is uncertain given China’s ownership.

05:25 Concerns about TikTok’s potential ties to the Chinese government have persisted since Trump’s presidency, highlighted by lawmakers’ skepticism and a congressional hearing that revealed a generational gap in understanding the app.

06:22 A potential buyer may acquire TikTok, rebranding it while capitalizing on its valuable user base amidst concerns over its Chinese origins.

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"Steven Bubbles" is the pen name used by the current junior editor at Clownfish TV. They are a good little fishy who gathers up news and leads from all over the internet. This little fish runs day-to-day operations on ClownfishTV.com. The true identity of this fish can and does change. In fact, it may be one fishy, or a school of fish, at any given time.

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