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 ...
Pausing the enforcement of the TikTok ban was one of a slew of executive orders Trump signed on Monday.
President Donald Trump is obsessed with saving TikTok and one solution he and his people are weighing, bankers say, is the creation of a US sovereign wealth fund to buy the popular video-sharing app ...
The private equity firm holds a stake in ByteDance, TikTok’s parent firm. “We are optimistic we will find a solution,” Ford said, speaking at the World Economic Forum in Davos.
The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
Another order that sparked immediate controversy was Trump’s decision to reinstate a ban on transgender athletes competing in women’s sports. The order, titled “Keeping Men Out of Women’s Sports,” ...
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.