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.
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,
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.
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,
The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.
Experts and reporting by Forbes have shown ByteDance and TikTok are significantly ... and 20% is owned by employees. McCourt, worth an estimated $1.4 billion as of Thursday, is an investor and ...
Billionaire Frank McCourt says he is open to others joining his bid for U.S. TikTok::"If, as things evolve, there are other financial arrangements, we don't need to own 100 percent of TikTok." // “We met with a number of elected officials on both the House and the Senate side and on both sides of the aisle to just get the pulse of what people are thinking.
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.
Elon Musk was recently linked with buying the US arm of ByteDance’s flagship app but those reports were quickly dismissed
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.