ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

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.

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, also known as Mr. Wonderful, offered TikTok's owners $20 billion in cash to buy the social media platform.

The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.

TikTok CEO Shou Chew is expected to accept an invitation from President-elect Donald Trump to attend his inauguration.