US billionaire Frank McCourt mounts a bid to buy TikTok


McCourt, a longtime critic of the way tech companies use data, sees acquiring TikTok as a chance to create an ‘alternative to the current Internet’. — The New York Times

Ever since Congress passed a bill that would force Chinese company ByteDance to sell or shut down TikTok, one of the biggest questions has been: Who could buy it, given technological, political and financial considerations?

Billionaire Frank McCourt has put up his hand.

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