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.

ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.

Billionaire Frank McCourt, the former owner of the Los Angeles Dodgers, said he is leading a group of backers to make a bid for the video social media site TikTok just days before a deadline the Chine

A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance. The group ...

(Reuters) - Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid ...

Shark Tank”‘s Kevin O’Leary — a.k.a. “Mr. Wonderful” — said he’s nearing a deal to buy TikTok from its Chinese-owned parent company ByteDance to avoid the U.S. ban on the social media app.

The former owner of the Los Angeles Dodgers is leading a group that wants to buy the platform in the United States. File Photo by John Angelillo/UPI Jan. 9 (UPI) --Billionaire Frank McCourt ...

NEW YORK -- A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.

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.

TikTok buzzed with nervous anticipation across the U.S. on Saturday as a looming federal ban threatened to sever access to the Chinese-owned app that has captivated nearly half of all Americans, powered small businesses and shaped online culture.

That comes after a unanimous ruling by the Supreme Court on Friday to uphold a federal law banning TikTok unless it's sold by its China-based parent company, Bytedance. View on euronews

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?