Frank McCourt's Project Liberty to Bid on TikTok

Entrepreneur and former Los Angeles Dodgers owner Frank McCourt said Wednesday his non profit Project Liberty is forming a consortium to buy social media platform TikTok in the United States. A law signed by President Joe Biden on April 24 gives the social media platform's owner, ByteDance, until Jan. 19 next year to sell TikTok or face a ban. The bill was passed by U.S. lawmakers on account of worries that China could access Americans' data or surveil them through the app. The White House had said it wants to...