The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
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.
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.
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,
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 ...
President Trump tells reporters on Air Force One that Microsoft is the latest contender to buy TikTok's US operations. The post Is Microsoft Eyeing Up TikTok? Trump Says So appeared first on Tech.co.
I would say, yes,” Trump told reporters aboard Air Force One when asked if the software giant was bidding to buy TikTok from its Chinese parent company ByteDance.
President Donald Trump is in the middle of a chaotic race to secure the future of TikTok in America. Speaking aboard Air Force One en route to Florida on Jan.
President Donald Trump told reporters Saturday, "Numerous people are talking to me, very substantial people, about buying" TikTok.
When the world's most anticipated game of corporate musical chairs began with Shark Tank's Kevin O'Leary being a key player, internet sensation MrBeast threw his hat into the ring.
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.