A roundup of the most newsworthy financial press releases from PR Newswire, including Frank McCourt's formal bid for TikTok, ...

As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United ...

Several high-profile figures, including billionaire Frank McCourt and former U.S. Treasury Secretary Steven Mnuchin, have ...

U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the ...

President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles and barriers. After ...

The report said that ByteDance would continue to hold a stake in TikTok, but Oracle would manage critical aspects like data security and software updates.

The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have ...

Frank McCourt says he is open to teaming up with other buyers on a bid to take over the US operations for TikTok. He speaks with Bloomberg's Caroline Hyde and Michael Shephard.

"If, as things evolve, there are other financial arrangements, we don't need to own 100 percent of TikTok." // “We met with a number of elected officials on both the House and the Senate side ...

Frank McCourt said his Project Liberty consortium, which has bid to buy TikTok, would be comfortable sharing ownership of the app so long as it's hosted on tech developed by his nonprofit.