TikTok is a huge part of American online culture, with millions of users consuming, posting and sharing content every day. But the app’s future in the U.S. is uncertain. If its parent company, ByteDance, doesn’t agree to a sale, TikTok faces a nationwide ban following the passage of a national security law in April.

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

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.

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.

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.

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-form video app,

Elon Musk was recently linked with buying the US arm of ByteDance’s flagship app but those reports were quickly dismissed

The popular platform could be banned on Jan. 19 under a federal law, while many parties have expressed interest in buying the asset.

McCourt says he is waiting for ByteDance to engage with bid ... Jan 23 (Reuters) - U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations ...

Frank McCourt said his Project Liberty consortium ... which keeps users hooked on the app. Its unclear if ByteDance will sell TikTok or if China will agree to any kind of sale of the app in ...

U.S. businessman Frank McCourt is open to teaming up with other ... The issue here is waiting for (TikTok parent) ByteDance, or the Chinese government to make a decision about the future of ...

Billionaire Frank McCourt says he is open to others joining his bid for U.S. TikTok::"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 and on both sides of the aisle to just get the pulse of what people are thinking.