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

Billionaire Frank McCourt is vying to acquire TikTok's U.S. operations, contingent on maintaining control. Interest from private equity and family offices accompanies his bid. U.S. political backing and the Supreme Court's decision fuel the competitive landscape as bidders anticipate a $20 billion purchase without TikTok's algorithm.

MrBeast, one of most successful Internet creators, may join a bid by real estate mogul and Project Liberty founder Frank McCourt to buy TikTok's U.S. arm, McCourt told Axios' Sara Fischer in Davos Wednesday.

O’Leary doesn’t seem too concerned, posting on X that he plans to “make TikTok wonderful again.” Read more: Cost-of-living in America is still out of control — use these

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,

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.

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.

McCourt Global is proud to announce a strategic partnership with O'Leary Ventures to accelerate the development of Wonder Valley, the groundbreaking AI data center industrial park located in the Greenview Industrial Gateway (GIG) in the MD Greenview Alberta,

The Supreme Court is set to hear opening arguments in ByteDance’s case to block a sale.

Billionaire Frank McCourt says he is open to others joining his bid for U.S. TikTok, January 23, 2025. "If, as things evolve, there are other financial arrangements, we don't need to own 100 percent of TikTok.

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.

He said private equity firms and family offices have reached out to provide financing options. Read more at straitstimes.com.