TikTok’s new suitor is former Dodgers owner Frank McCourt, as lawsuit pushes back against ban

News Snapshot:

New York CNN — Another wealthy investor says he’s organizing a bid to purchase TikTok, after President Joe Biden signed a law last month forcing TikTok to find a new owner or be banned in the United States. Frank McCourt, a real estate billionaire and the former owner of the Los Angeles Dodgers, said Wednesday he is laying the groundwork to acquire TikTok as part of a broad initiative to make a healthier internet. McCourt, who has spent years accusing technology giants of exploiting their users and undermining the internet’s original open vision, did not disclose how much he aims...