Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid to ByteDance to buy TikTok's U.

The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.

Kevin O’Leary, star of Shark Tank, has announced his partnership with former Dodgers owner Frank McCourt to bid for TikTok’s U.S. operations, potentially preventing the app from facing a government-mandated ban.

The internet advocacy group's proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.

Canadian entrepreneur Kevin O’Leary has announced a reported partnership with real estate magnate Frank McCourt to purchase TikTok. This acquisition, which O’Leary described as a