The Wrap

The entrepreneur says he’ll need President-elect Donald Trump’s help to close a deal for the social media platform’s U.S. operation

Earlier in the day, O’Leary posted on X that he was partnering with former Dodgers owner Frank McCourt on his bid for TikTok.

The TikTok ban was initially floated during Trump’s first administration, before ultimately being passed by Congress and signed into law by President Joe Biden last April. The chief concern U.S. lawmakers have with TikTok is that it doubles as a spyware app for the Chinese government; TikTok, according to Chinese law, is required to share user data with China’s communist government, if it is asked to do so.