Billionaire ready to make offer on buying TikTok

by ian

A US tech billionaire is ready to bid on TikTok.

Real estate owner and tech innovator Frank McCourt envisions a TikTok where people can control their data and identity. He said he’s likewise ready to offer an alternative to the current app system.

So, how much would it cost to buy TikTok? McCourt said he doesn’t know at this point. He said the app hasn’t disclosed what they are selling exactly, or if they choose to sell at all. But McCourt is optimistic that the app will be sold. Some estimate that TikTok could be valued at up to $100 billion.

This all comes as the Chinese-owned app battles the US government on its operational rights in the country.