Billionaire Frank McCourt Mounts Bid to Buy TikTok

News Snapshot:

Ever since Congress passed a bill that would force the Chinese company ByteDance to sell or shut down TikTok, one of the biggest questions has been: who could buy it, given technological, political and financial considerations? The billionaire Frank McCourt has put up his hand. Mr. McCourt said Wednesday he was working to put together a group of bidders to buy the social media app. His goal in doing so is to rethink how TikTok, and the internet overall, use data and consider privacy. He is already in discussions about the app with academics and those who study the impact...