Frank McCourt, Project Liberty founder and former Los Angeles Dodgers owner, joins 'Squawk on the Street' to discuss McCourt's bid for TikTok, if the Chinese would agree to Project Liberty's bid, and much more.

Billionaire Frank McCourt, the former owner of the Los Angeles Dodgers, said he is leading a group of backers to make a bid for the video social media site TikTok just days before a deadline the Chine

(Reuters) - 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 ...

NEW YORK -- A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.

Shark Tank”‘s Kevin O’Leary — a.k.a. “Mr. Wonderful” — said he’s nearing a deal to buy TikTok from its Chinese-owned parent company ByteDance to avoid the U.S. ban on the social media app.

The former owner of the Los Angeles Dodgers is leading a group that wants to buy the platform in the United States. File Photo by John Angelillo/UPI Jan. 9 (UPI) --Billionaire Frank McCourt ...

New York (CNN) — A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.

The billionaire Frank McCourt is launching a “people’s bid” to buy the app, replace its addictive algorithm, and give users greater control of their data. Is it a publicity stunt or a sincere attempt to reform the digital age?

The Japanese phenom will join countrymen Shohei Ohtani and Yoshinobu Yamamoto in blue, but this addition isn’t about the Dodgers bludgeoning the rest of the sport with their financial might.

TikTok says it will "go dark" in the United States on Sunday, threatening access to the app for 170 million users, unless the government provides assurances that a law mandating its sale or ban won't be used to punish service providers.

TikTok says it will "go dark" in the United States on Sunday unless the government provides assurances a new law calling for its ban won't be used to punish service

Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a sale that includes TikTok's coveted algorithm.