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,
Frank McCourt is open to partnering with others for a bid to take over the US operations of TikTok, provided he maintains control. The potential acquisition has attracted various bidders, with McCourt emphasizing user data,
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,
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.
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.
At the moment, Frank McCourt is the only bidder who has made a public offer to purchase TikTok. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...
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.
With multiple suitors circling and Trump framing the situation as a deal-making exercise, TikTok's U.S. future is still up in the air. If a resolution is reached, it could set a precedent for tech ownership disputes between the U.
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.
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.
NEW YORK (AP) — The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations.
TikTok stopped working for U.S. users late on Saturday before a law shutting it down on national security grounds took effect on Sunday. U.S. officials had said that under Chinese parent company ByteDance, there was a risk of Americans' data being misused.