Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC.

House Majority Leader Steve Scalise (R-La.) said he had a “great meeting” with Kevin O’Leary on Tuesday at the White House. “It’s a new era of AMERICAN business growth with President Trump

Kevin O’Leary says that he’s still interested in a deal for TikTok, but that it’s no longer legally viable, even after Trump extended a ban on the platform.

Shark Tank' investor Kevin O'Leary speaks to Bloomberg Television about his bid for TikTok, which he calls "an interesting asset." O'Leary and billionaire Frank McCourt, former owner of the Los Angeles Dodgers,

NEW YORK (AP) — The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations.

(The Hill) — Investor Kevin O’Leary, widely known as a star from “Shark Tank,” said he offered TikTok’s owners $20 billion in cash to buy the platform during a Friday appearance on Fox ...

“Mr. Wonderful” Kevin O’Leary is partnering up with another investor in a bid to save TikTok and hopes China and the Supreme Court will allow them to make it “wonderful again.”

Kevin O'Leary says six million businesses use the app to sell products, find customers and make money. If TikTok is shut down, it would cause big problems for these businesses. Don't Miss:

"Mr. Wonderful" Kevin O'Leary is partnering up with another investor in a bid to save TikTok and hopes China and the Supreme Court will allow them to make it "wonderful again." The "Shark Tank ...

The high court's decision could set the stage for usage of TikTok to end in the U.S., as the law calls for app stores and other enterprises to stop supporting it. TikTok reportedly may be ready to shut down entirely on Sunday and to direct users to a site with information about the ban.

While Trump made efforts to ban TikTok during his first term, he switched his stance on the app last year. Trump asked the Supreme Court last month to put the brakes on the law targeting TikTok, saying he wanted to "negotiate a resolution" to save the social-media platform while addressing national-security concerns.

President-elect Donald Trump is considering issuing an executive order aimed at rescuing TikTok from being banned from U.S. app stores in four days. What To Know: According to the Washington Post, sources familiar with the matter said Trump is brainstorming strategies to save TikTok from the law signed by President Joe Biden set to ban the app on Sunday.