US TikTok investors face uncertainty as sale delayed again

Project Liberty aims to operate TikTok independently, but repeated government extensions have left the US sale in limbo.
US TikTok buyers await clearance to remove Chinese technology and run the platform with alternative systems developed by Project Liberty.

Investors keen to buy TikTok’s US operations say they are left waiting as the sale is delayed again. ByteDance, TikTok’s Chinese owner, was required to sell or be blocked under a 2024 law.

US President Donald Trump seems set to extend the deadline for a fifth time. Billionaires, including Frank McCourt, Alexis Ohanian and Kevin O’Leary, are awaiting approval.

Investor McCourt confirmed his group has raised the necessary capital and is prepared to move forward once the sale is allowed. National security concerns remain the main reason for the ongoing delays.

Project Liberty, led by McCourt, plans to operate TikTok without Chinese technology, including the recommendation algorithm. The group has developed alternative systems to run the platform independently.

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