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.
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.
Shark Tank investor Kevin O'Leary is known for staying at the top of industrial and market trends and he is doing the same now with an AI data center.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
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’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 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 says he is open to teaming up with other buyers on a bid to take over the US operations for TikTok. He speaks with Bloomberg's Caroline Hyde and Michael Shephard. Ja
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 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 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.
DAVOS, Switzerland (Reuters) - U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.