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

With the future of TikTok’s ownership hanging in the balance, two uber-rich, politically connected investors are lying in wait, hoping to snag the app if it’s ultimately put on the market.

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

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.

An organization founded by billionaire Frank McCourt, the former owner of the Los Angeles Dodgers, and its partners on Thursday said they made a formal bid to acquire the U.S. assets of TikTok as the popular social media platform faces a possible nationwide ban later this month.

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.

Frank McCourt’s Project Liberty consortium has proposed to buy TikTok’s US assets, securing financial backing for the deal.

O'Leary is teaming up with billionaire Frank McCourt to make a play for the app, which faces a nationwide-looking U.S. ban.

With TikTok facing a potential U.S. ban, investor Kevin O’Leary has announced plans to purchase the popular social media platform. O’Leary, known for his role on Shark Tank, has teamed up with billionaire Frank McCourt to lead a bid to save TikTok from being shut down in the U.

"Shark Tank" star Kevin O'Leary said he's nearing a deal to purchase TikTok's U.S. business in a move that would save it from being banned

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