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.

Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be

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.

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.

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.

Frank McCourt said his Project Liberty consortium ... which keeps users hooked on the app. Its unclear if ByteDance will sell TikTok or if China will agree to any kind of sale of the app in ...

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.

Will ByteDance accept a $25 billion offer for TikTok? American investors including the Founder of Employer.com, Roblox CEO David Baszucki, and Anchorage Digital’s Nathan McCauley are putting together a proposal.

YouTube icon MrBeast is joining forces with Roblox CEO with an offer to buy TikTok that’s over $20B dollars to outbid Kevin O’Leary, but the content mogul might still side with the Shark Tank star.