A group of American investors, including YouTube star MrBeast and Roblox CEO David Baszucki, has secured over $20 billion for a potential TikTok takeover, but ByteDance has yet to respond to their bid.

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

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.

U.S. President Donald Trump's administration is chalking out a plan to save popular short-form video hosting service TikTok which involves Oracle (NYSE:ORCL) and a group of outside investors, NPR reported on Saturday,

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 ...

Frank McCourt said his Project Liberty consortium, which has bid to buy TikTok, would be comfortable sharing ownership of the app so long as it's hosted on tech developed by his nonprofit.

"If, as things evolve, there are other financial arrangements, we don't need to own 100 percent of TikTok." // “We met with a number of elected officials on both the House and the Senate side ...

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 ...

Last week, after several months of public interest, Frank McCourt and a group of coinvestors, including Shark Tank host Kevin O’Leary, sent ByteDance a formal offer to buy TikTok. Leading the ...

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 ...

President Donald Trump apparently has no qualms about turning the fate of TikTok into a public bidding war. When prompted by specific questions from reporters, the new president tossed out some of the biggest names in the tech world as possible buyers of TikTok’s US operations — a deal that would allow the platform to get around a ban imposed by

Microsoft Corp (NASDAQ: MSFT) is in talks to acquire ByteDance Ltd-owned TikTok US arm, President Donald Trump said. TikTok has 170M US users, accounting for 4% of the US digital ad market. Other bidders include AI startup Perplexity and Frank McCourt.