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.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any deal to buy the U.S. operations of the Chinese-owned short-form video app,
With the prospect of TikTok disappearing in the U.S., creators on the app spent the week posting heartfelt goodbyes to their fans.
A group led by Kevin O'Leary and billionaire Frank McCourt said it had submitted a bid for TikTok to the video app's Chinese owner Bytedance.
The Supreme Court is set to hear opening arguments in ByteDance’s case to block a sale.
The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.
Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid to ByteDance to buy TikTok's U.
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
Olympique de Marseille’s owner Frank McCourt has announced via a group he created called Project Liberty that he is planning to put together a consortium of investors to buy the US operations of
Frank McCourt has expressed a willingness to retain TikTok's existing investors in the deal to acquire its U.S. operations from ByteDance. The bid, valued at $20 billion, includes contingencies to address national security concerns.
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.