Real estate mogul Frank McCourt, who is trying to buy TikTok's U.S. arm, reiterated his investor group's ability to make a deal and still comply with the Supreme Court's ruling on Friday. Why it matters: Billionaire McCourt says he has the money and the technology to keep TikTok running on American phones.

The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.

Justice Brett Kavanaugh brought up past examples of the U.S. blocking broadcasting companies from having ties to foreign governments and brought up the government’s concerns about TikTok collecting data on U.S. users, which he said “seems like a huge concern for the future of the country.”

Olympique de Marseille’s owner Frank McCourt has announced via a group he created called Project Liberty that he is planning to put together a consortium of investors to buy the US operations of

Project Liberty founder Frank McCourt Jr. reacts to the US Supreme Court upholding a law that requires ByteDance to sell TikTok by January 19 or face a ban in the US. He speaks on "Bloomberg The Close.