• About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use
Saturday, July 5, 2025
No Result
View All Result
Converseer
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
No Result
View All Result
Converseer
No Result
View All Result

Canadian Businessman Kevin O’Leary Proposes $20 Billion Cash Offer to Acquire TikTok

by Editorial Team
18 January 2025
in Lifestyle, News
Canadian Businessman Kevin O'Leary Proposes $20 Billion Cash Offer to Acquire TikTok

Canadian businessman and, Investor Kevin O’Leary, has offered TikTok’s owners $20 billion in cash to buy the platform.

 

Recall a bipartisan bill, which President Biden signed, called TikTok a threat to national security and forced ByteDance, the platform’s Chinese parent company, to divest from the platform or sell it in order for TikTok to remain in American app stores. ByteDance’s deadline is Sunday. 

 

The Supreme Court ruled Friday on TikTok’s challenge to the law, upholding the ban

 

During a Friday appearance on Fox News’s “America’s Newsroom,” O’Leary made note of the fines that could be in store for any provider that allows access after the deadline.

 

“As of midnight on the 19, any service provider … that could be an Apple, that could be an Oracle, it could be a video compression technology company that’s being paid as a consulting service, any of them that keep this thing alive is subject to $5,000 a day fine times 170 million,” O’Leary told anchor Bill Hemmer in the interview. “That’s over a billion dollars a day.”

 

“We don’t know if an executive order can override a law from Congress. There’s a case in 1937 that was used successfully, but you don’t know.”

 

O’Leary went on to say he an offer of  $20 billion to buy the social media platform, which boasts 170 million U.S. users. 

 

“Right now, $20 billion is on the table, cash, cash, $20 billion,” O’Leary said touting his bid at the conclusion of the call-in.

 

He said he’s waiting to see if the offer is enough.

 

Tags: General News

Related News

Cross River Unveils 440KWP Solar Grid to Boost Rural Electrification
Business

Cross River Unveils 440KWP Solar Grid to Boost Rural Electrification

4 months ago
Red Heart Flat Back Stud Earrings: Hypoallergenic Valentine's Day Gifts for Her – Now 43% Off!
Lifestyle

Red Heart Flat Back Stud Earrings: Hypoallergenic Valentine’s Day Gifts for Her – Now 43% Off!

5 months ago
Lifestyle

41 Undocumented Immigrants Detained in Federal Raid on Colorado Nightclub (Video)

5 months ago
adidas Men's Lite Racer Adapt 7.0 Sneakers – Enjoy 22% Off!
Lifestyle

adidas Men’s Lite Racer Adapt 7.0 Sneakers – Enjoy 22% Off!

5 months ago
Lifestyle

SEGA Classics, Now 50% Off

4 months ago
Governor Adeleke Issues Warning About Alleged Opposition Scheme to Sabotage Osun LG Election
News

Governor Adeleke Issues Warning About Alleged Opposition Scheme to Sabotage Osun LG Election

5 months ago

Latest News

Community forces man to marry his 13-year-old daughter after impregnating her in Cross River

Reactions trail Imoke’s defection from PDP to ADC

Veterans back Comrade Bassey for Cross River NUJ Chair

Otu approves N18bn for Tinapa, Ranch, others

Cross River begins employment of lawyers into civil service: See how to apply

Sexual violence of minors goes beyond just rape – Project Alert

About Us

Converseer is an online newspaper that delivers impartial, comprehensive news coverage on politics, business, health, tech, metro, and education, among other topics.

Social Media

  • Facebook
  • WhatsApp
  • X (Twitter)
  • YouTube
  • Telegram

Coverage

  • Africa
  • Americas
  • Asia
  • Europe
  • Middle East

Special Pages

  • Special Reports
  • Fact Check
  • Feature
  • Opinion
  • History
  • About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use

© 2025 Converseer - All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports

© 2025 Converseer - All Rights Reserved.