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.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
ByteDance has repeatedly stated it has no desire to sell TikTok, yet O’Leary has been persistent in his campaign to buy the U.S. arm of the platform — even without the algorithm in place.
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.
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 ...
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 ...
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.
Kevin O’Leary joined The Brian Kilmeade Show to discuss working with Frank McCourt to buy TikTok and the dangers of DeepSeek.
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.
Shark Tank investor Kevin O'Leary recently updated his followers about his offer of $20 billion to buy TikTok.
Shark Tank investor Kevin O'Leary has all guns blazing in the bidding war for the potential sale of short video app, TikTok.
US President Donald Trump has said Microsoft is in discussions to acquire TikTok and that he would like to see a "bidding war" over the sale of the social media app.