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International Business Times UK

Thea Felicity

TikTok's 'American Takeover' May Be a Hoax: Billionaire Questions Truth Behind Trump's New Tech Deal

TikTok Frank McCourt Donald Trump United States ByteDance White House Oracle Lachlan Murdoch Michael Dell the White House

Tiktok Logo (Credit: Geri Tech/Tiktok Logo)

Frank McCourt, the billionaire investor who was one of the earliest bidders for TikTok, is now questioning whether President Donald Trump's deal to sell the app's US assets is legal.

In the new White House-backed deal, TikTok's Chinese parent company, ByteDance, would still retain a minority stake and license its algorithm to the new US owners.

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