Will ByteDance accept a $25 billion offer for TikTok? American investors including the Founder of Employer.com, Roblox CEO David Baszucki, and Anchorage Digital’s Nathan McCauley are putting together a proposal.
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.
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.
Elon Musk was recently linked with buying the US arm of ByteDance’s flagship app but those reports were quickly dismissed
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,
ByteDance has repeatedly stated it has no desire to sell TikTok, yet O’Leary has been persistent in his campaign to buy the U.S. arm of the platform — even without the algorithm in place.
YouTube icon MrBeast is joining forces with Roblox CEO with an offer to buy TikTok that’s over $20B dollars to outbid Kevin O’Leary, but the content mogul might still side with the Shark Tank star.
Shark Tank investor Kevin O'Leary recently updated his followers about his offer of $20 billion to buy TikTok.
US President Donald Trump has said Microsoft is in discussions to acquire TikTok and that he would like to see a "bidding war" over the sale of the social media app.
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.