U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.
TikTok is a huge part of American online culture, with millions of users consuming, posting and sharing content every day. But the app’s future in the U.S. is uncertain. If its parent company, ByteDance, doesn’t agree to a sale, TikTok faces a nationwide ban following the passage of a national security law in April.
MrBeast, one of most successful Internet creators, may join a bid by real estate mogul and Project Liberty founder Frank McCourt to buy TikTok's U.S. arm, McCourt told Axios' Sara Fischer in Davos Wednesday.
McCourt wants to build a decentralized version of the internet where individual users, rather than tech companies, own the reams of data spawned by their online lives.
Real estate mogul Frank McCourt, who is trying to buy TikTok's U.S. arm, reiterated his investor group's ability to make a deal and still comply with the Supreme Court's ruling on Friday. Why it matters: Billionaire McCourt says he has the money and the technology to keep TikTok running on American phones.
Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.
The Supreme Court is set to hear opening arguments in ByteDance’s case to block a sale.
"Shark Tank" star Kevin O'Leary is teaming up with billionaire Frank McCourt on a long shot effort to buy TikTok ... it had submitted a bid for the video app to Chinese tech giant Bytedance. The consortium has an uphill battle to acquire TikTok, despite ...
Frank McCourt is open to partnerships for acquiring TikTok's U.S. operations, prioritizing control over finances. He plans to migrate users to Project Liberty's platform. McCourt's bid, amidst U.S. government's TikTok scrutiny and judicial actions,
Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,
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
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.