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As TikTok Runs Out of Time, Frank McCourt Has a Plan to Save It

Even as TikTok faces a looming ban in the US, Chinese parent company ByteDance Ltd. has made it clear it has no plans to sell the popular video app. Frank McCourt doesn’t seem deterred. A real estate mogul and former owner of the Los Angeles Dodgers, McCourt has emerged as a loud and unexpected suitor for the video app, which could be shut down as soon as Jan. 19. He and his team have already spoken with more than 60 elected officials and policymakers about his bid, and held conversations with m...

Read more at bloomberg.com

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