Kevin O'Leary, the Chairman of O'Leary Ventures and star of "Shark Tank", has offered to purchase TikTok and ensure it is hosted on American soil. He guarantees that the servers will be in the U.S. and the Chinese back doors in the code will be closed, making it safe for users and businesses. Legislation that could ban TikTok in the U.S. is heading to a House of Representatives vote.
As the clock ticks closer to lawmakers voting on whether to take legislative action against China-owned app TikTok, one of America’s most influential entrepreneurs has offered to purchase the platform and host it on U.S. soil. "If this order goes through, it's got to be sold. I'm going to put up my hand and say I'll buy it, and I'll tell you why," O’Leary Ventures Chairman and "Shark Tank" star Kevin O’Leary said on "Fox & Friends" Monday morning.
"What I'm proposing is purchasing these assets into a new American company. I'll guarantee the servers are on American soil. I'll guarantee you will close the Chinese back doors in the code. I'll guarantee it becomes safe for the users, the parents, small business and large business," he continued. "It'll be an American company." Prospective legislation that could make TikTok unavailable in the U.S. is reportedly headed to a House of Representatives vote on Wednesday, after advancing out of a bipartisan committee with a unanimous 50-0 vot
Kevin O'leary Tiktok Purchase American Company Legislation Servers Chinese Back Doors Safe Users Businesses
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