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.
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.
With the prospect of TikTok disappearing in the U.S., creators on the app spent the week posting heartfelt goodbyes to their fans.
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,
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 popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.
The Supreme Court is set to hear opening arguments in ByteDance’s case to block a sale.
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
Business moguls should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.
The Supreme Court unanimously chose to uphold the TikTok ban-or-sell legislation. Here's what that means for the app and its U.S. users.
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
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.