Frank McCourt: The Man Who Would Buy TikTok - Foreign Policy
1 day ago · McCourt, a Massachusetts billionaire who previously owned the Los Angeles Dodgers baseball team, leads a consortium that submitted a bid to ByteDance last week, days before the app is set to be ...
U.S. TikTok bidder Frank McCourt says his offer complies with …
1 day ago · ByteDance's overall valuation is estimated to be around $300 billion. McCourt on Friday said the U.S. version of TikTok is a small fraction of ByteDance's overall value, asserting it's around 8% of the revenue and less then 8% of the user base. He added that any deal would come without ByteDance's existing algorithm that powers the U.S. version.
Billionaire McCourt open to keeping original investors in any …
2 days ago · 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 ...
‘Shark Tank’s’ Kevin O’Leary and billionaire Frank McCourt want …
Jan 9, 2025 · A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.
Billionaire Frank McCourt Wants to Buy TikTok, but Selling It …
Jan 10, 2025 · Still, at least one suitor has tossed his hat in the ring to buy TikTok without its algorithm: the billionaire Frank McCourt, who sent ByteDance a letter on Thursday proposing a deal. Mr....
The long-shot plan to save TikTok from a US ban - The Verge
Dec 13, 2024 · Why the real estate billionaire Frank McCourt thinks his Project Liberty plan to buy TikTok will not only rescue the app from a US ban, but make the internet better for creators.
What Billionaire Frank McCourt Would Actually Do With TikTok
Dec 13, 2024 · (For years, US lawmakers have claimed that TikTok’s China-based owner, ByteDance, could use the app to spy on Americans or influence the content they see.) The court’s decision leaves...
Frank McCourt, the billionaire who wants to buy TikTok, says the …
Dec 14, 2024 · Billionaire businessman Frank McCourt has made a $20 billion bid to buy TikTok without its algorithm. He told Business Insider the path toward a sale is murky since ByteDance isn't entertaining...
Investor explains why he thinks TikTok will be safer with U.S ...
Dec 13, 2024 · Last week, a U.S. federal appeals court upheld a law requiring TikTok's parent company, ByteDance, to sell it in the U.S. or face a ban. The app is used by 170 million Americans, and lawmakers...
Billionaire Frank McCourt says he's putting together a consortium …
May 15, 2024 · Billionaire businessman and real estate mogul Frank McCourt said Wednesday that he’s putting together a consortium to purchase TikTok’s U.S. business, adding to the number of investors hoping to benefit from a new federal law that requires TikTok’s China-based parent company to sell the popular platform or face a ban.