TikTok Takeover Bid in Limbo: US Investor Frank McCourt Awaits Fifth Deadline Extension
Billionaire investor Frank McCourt (Project Liberty) says his consortium has raised the capital to buy TikTok’s US operations but remains in limbo as the Trump administration prepares to extend the sale deadline for a fifth time. McCourt expressed concern over the platform’s “concentration of power and influence” and plans to remove all Chinese technology, including the core algorithm.





