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 technology to keep TikTok running on American phones.
Frank McCourt, Project Liberty founder and former Los Angeles Dodgers owner, joins 'Squawk on the Street' to discuss McCourt's bid for TikTok, if the Chinese would agree to Project Liberty's bid, and much more.
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 app,
The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.
Billionaire Frank McCourt expressed confidence in meeting the Supreme Court's criteria regarding the potential sale of TikTok. He claims to have a solution for keeping TikTok in the U.S., presenting this during a CNBC interview as something beneficial for President-elect Trump.
Olympique de Marseille’s owner Frank McCourt has announced via a group he created called Project Liberty that he is planning to put together a consortium of investors to buy the US operations of
Frank McCourt, a billionaire investor who has campaigned to make the internet safer through his Project Liberty foundation, has made a bid for TikTok. McCourt told NBC News' Kate Snow that he will make "fundamental" changes to the app if his bid is successful.
China hawks in Congress are standing behind their law to force TikTok to divest or be banned in the U.S. after the Supreme Court ruled it constitutional Friday. But they are hopeful the president-elect will cut a deal to avert the app shutting down.
The Supreme Court is set to hear opening arguments in ByteDance’s case to block a sale.
The billionaire Frank McCourt is launching a “people’s bid” to buy the app, replace its addictive algorithm, and give users greater control of their data. Is it a publicity stunt or a sincere attempt to reform the digital age?
Billionaire entrepreneur Frank McCourt details what will happen when his offer with Kevin O'Leary to buy TikTok could be accepted and they begin negotiations with ByteDance.