Jun 6, 2024, 8:37 PM
Jun 6, 2024, 6:35 PM

Frank McCourt's bid for TikTok won key backer as he looked past the app's prized algorithm

NBC News
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Source
Billionaire Frank McCourt's TikTok bid wins key backer as he looks past app’s prized algorithm

In the race to buy TikTok, billionaire Frank McCourt is pitching investors with a chance to create a new platform that gives users the ability to control their own data.

CNBC
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Source
Billionaire Frank McCourt's TikTok bid wins key backer as he looks past app's prized algorithm

Potential buyers for TikTok are circling after federal legislation was signed by President Joe Biden in April pushing ByteDance to sell the app or face a ban.

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