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.

President Donald Trump said late Monday he hoped there would be a “bidding war” for TikTok, claiming Microsoft is now among the companies interested in buying ByteDance’s popular social ...

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

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 popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.

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 ...

Shark Tank investor Kevin O'Leary recently updated his followers about his offer of $20 billion to buy TikTok.

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.

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.

After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.

President Donald Trump had recently expressed his support in SpaceX and Tesla CEO Elon Musk or Oracle CEO Larry Ellison purchasing TikTok.