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
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.
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.
When the world's most anticipated game of corporate musical chairs began with Shark Tank's Kevin O'Leary being a key player, internet sensation MrBeast threw his hat into the ring.
Billionaire Frank McCourt has expressed openness to partnering with other buyers for a bid to acquire TikTok's U.S. operations.
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,
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.