President Donald Trump said late Monday he hoped there would be a “bidding war” for TikTok, claiming Microsoft is now among the companies interested in buying ByteDance’s popular social ...
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.
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.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
Elon Musk was recently linked with buying the US arm of ByteDance’s flagship app but those reports were quickly dismissed
U.S. businessman Frank McCourt is open to teaming up with other ... The issue here is waiting for (TikTok parent) ByteDance, or the Chinese government to make a decision about the future of ...
The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.
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.
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.
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,
Billionaire Frank McCourt remains open to partnering with other buyers in acquiring TikTok's U.S. operations, but insists on maintaining control. McCourt's Project Liberty submitted a bid without including TikTok's algorithm,
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.