Why Frank McCourt still wants to buy TikTok

The future of social media platform TikTok hangs in the balance. Will it be banned in the US? Will someone be able to buy the platform and work on adding safeguards that please lawmakers? The outcome of the platform is important to the millions of creators who rely on its powerful algorithm to earn income. Yahoo Finance Executive Editor Brian Sozzi sits down with McCourt Global executive chairman Frank McCourt. The two discuss why McCourt is trying to buy TikTok and his plans for the platform should he win control. McCourt also serves up his take on AI and the influence it’s having on social media and the wider business community. The longtime businessman also owned the Los Angeles Dodgers baseball team, and the conversation dives into surging values being paid to own sports teams and players – including the $765 million deal for star Juan Soto by the New York Mets.

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