Reported about 11 hours ago
Billionaire Frank McCourt expressed his willingness to partner with other buyers for a bid to acquire TikTok's U.S. operations during the World Economic Forum in Davos. He emphasized the importance of maintaining control of the asset despite the interest from private equity firms. Following President Trump's delay of a ban on TikTok, McCourt's Project Liberty submitted a bid that aims to leverage user data while potentially moving TikTok's 170 million U.S. users to its platform.
Source: YAHOO