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 Davos event on Thursday.
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.
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Many people are listing iPhones with TikTok installed on eBay for thousands of dollars as the app remains absent on Google and Apple app stores.
Tennis star Coco Gauff has mourned the loss of TikTok’s app back home. The 20-year-old from Florida wrote “RIP TikTok USA” on a TV camera lens and drew a broken heart right after winning a match at the Australian Open to reach the quarterfinals.
While the United States will likely become the first country to ban TikTok outright, many others are concerned about the platform's ties to China.
US tennis star Coco Gauff mourned the suspension of TikTok in the US by writing "RIP TikTok USA" and drawing a broken heart on a TV camera lens after winning her match at the Australian Open on Sunday.
The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short-video app operating in the United States would be agreed.
A board member at TikTok’s parent company said that a ... Ford made the remarks at an Axios-sponsored event in Davos, Switzerland. “We’ll get on with it, as soon as maybe the end of the ...
"It's in everybody's interest,” Ford told Axios at an event in Davos, Switzerland. Ford is on the board of directors for ByteDance, Tiktok’s Chinese parent company. “We'll get on with it ...
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be options "short of divestiture" on the table.
In this Sunday edition of BI Today, we're bringing you highlights from the World Economic Forum in Davos, Switzerland.