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

Project Liberty has submitted a bid to buy TikTok from ByteDance ahead of its Jan. 19 ban. The proposed sale would place the social media site under U.S. ownership. The Supreme Court will hear arguments in TikTok's challenge to the ban on Friday.

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

O’Leary, the Trump-supporting investor and “Shark Tank” star, is joining former L.A. Dodgers owner Frank McCourt’s bid to purchase TikTok. Here’s what McCourt’s group is looking to accomplish.

McCourt's Project Liberty proposes a bid for the US operations of TikTok. McCourt's Project Liberty Proposes Bid

Accomplishes policy goals of Congress, avoids platform ban, limits disruption for TikTokers, and offers speed and certainty for ByteDance and its stakeholders

Project Liberty, advised by Kirkland & Ellis LLP, has submitted a formal offer to acquire TikTok's U.S. assets just 10 days before the video-sharing app faces a federally mandated deadline to divest from its Chinese parent,

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

As the deadline for a potential US TikTok ban approaches, businessman Frank McCourt’s Project Liberty has made a bold move. Just days before the Supreme Court hears arguments on the ban, McCourt’s internet advocacy nonprofit submitted a proposal to purchase the popular social media platform from its Chinese owner,