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.

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.

NEW YORK (AP) — The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations.

China’s foreign and commerce ministries didn’t immediately respond to requests for comment on whether Beijing would allow the American government to own part of TikTok.

(Reuters) -Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any deal to buy the U.S. operations of the Chinese-owned short ...

With multiple suitors circling and Trump framing the situation as a deal-making exercise, TikTok's U.S. future is still up in the air. If a resolution is reached, it could set a precedent for tech ownership disputes between the U.

ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.

Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC.

TikTok stopped working for U.S. users late on Saturday before a law shutting it down on national security grounds took effect on Sunday. U.S. officials had said that under Chinese parent company ByteDance, there was a risk of Americans' data being misused.

In the wake of a U.S. Supreme Court ruling from Friday the app was to shut down after the court upheld a bipartisan law that banned TikTok nationwide, provided it was still controlled by its Chinese parent company.

The ban is the end result of 2024 legislation passed on national security concerns that called for TikTok parent ByteDance to sell the popular short-video app or see it shut in the United States on Jan. 19.

The United States Supreme Court on Friday ruled against TikTok's bid to avoid a ban that could shut the app down in just two days and impact millions of users who rely on the platform for entertainment,