News Formal

Kevin O'Leary offers to buy TikTok and turn it into a 'new American company' if proposed ban advances

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

To solve TikTok's cyber security and safety concerns, 'Shark Tank's' Kevin O'Leary suggested he'll buy the social platform, close Chinese 'back doors' and bring it to the U.S.

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.

The bill would require TikTok's Chinese parent company ByteDance to fully divest all of its applications within 180 days or risk a ban on those apps. It would also establish a process for the executive branch to ban applications in the future if they are deemed a security risk.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shark Tank host offers to buy TikTok to make it ‘an American company’Kevin O'Leary said he would guarantee the safety of users, parents, and businesses on TikTok, should he choose to buy the social media app.
Source: dcexaminer - 🏆 6. / 94 Read more »