Billionaire Frank McCourt’s Project Liberty and group of partners have proposed to buy TikTok’s U.S. assets.

The Supreme Court will hear oral arguments on the TikTok ban, which was signed into law by President Joe Biden last April, on Friday.

Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid to ByteDance to buy TikTok's U.S. assets. The move comes ahead of a Jan. 19 deadline by which ByteDance has to sell the p