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

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

Last week, after several months of public interest, Frank McCourt and a group of coinvestors, including Shark Tank host Kevin O’Leary, sent ByteDance a formal offer to buy TikTok. Leading the ...

A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be done soon.

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.

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,

Billionaire Frank McCourt remains open to partnering with other buyers in acquiring TikTok's U.S. operations, but insists on maintaining control. McCourt's Project Liberty submitted a bid without including TikTok's algorithm,

The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.

Frank McCourt said his Project Liberty consortium ... which keeps users hooked on the app. Its unclear if ByteDance will sell TikTok or if China will agree to any kind of sale of the app in ...

Billionaire Frank McCourt says he is open to others joining his bid for U.S. TikTok::"If, as things evolve, there are other financial arrangements, we don't need to own 100 percent of TikTok." // “We met with a number of elected officials on both the House and the Senate side and on both sides of the aisle to just get the pulse of what people are thinking.

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 ...