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. President Donald Trump on Monday delayed by 75 days the imposition of a law that would effectively ban ByteDance’s (BDNCE) TikTok in the U.

U.S. President Donald Trump's administration is chalking out a plan to save popular short-form video hosting service TikTok which involves Oracle (NYSE:ORCL) and a group of outside investors, NPR reported on Saturday,

In the ever-evolving saga of TikTok's potential acquisition, Kevin O'Leary emerged with a candid Instagram update that cut through the digital chatter.

After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.

TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.

ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.

In the wake of a U.S. Supreme Court ruling from Friday the app was to shut down after the court upheld a bipartisan law that banned TikTok nationwide, provided it was still controlled by its Chinese parent company.

"Shark Tank" star Kevin O'Leary explains President Donald Trump's "tariff signal" to world economic leaders on "The Story."

Shark Tank investor Kevin O'Leary is known for staying at the top of industrial and market trends and he is doing the same now with an AI data center.

It's the secret golden share that determines the fate of TikTok now." KEVIN O'LEARY PUTS $20 BILLION TIKTOK CASH OFFER ON THE TABLE: ‘MOST INTERESTING, COMPLICATED, CRAZY SITUATION' As The New ...

Canadian celebrity investor Kevin O’Leary makes the case for joining an ‘economic union’ with the U.S. Danielle Smith, left, and Donald Trump were joined at Mar-a-Lago by celebrity investor ...

China’s foreign and commerce ministries didn’t immediately respond to requests for comment on whether Beijing would allow the American government to own part of TikTok.