In the race to buy TikTok, billionaire Frank McCourt is pitching investors with a chance to create a new platform that gives users the ability to control their own data.
Potential buyers for TikTok are circling after federal legislation was signed by President Joe Biden in April pushing ByteDance to sell the app or face a ban.
Sandro DiNello, who briefly led New York Community Bancorp amid turmoil earlier this year, is staying on the company's board. But Joseph Otting, the company's recently installed CEO, is taking on the executive chairman position.
NYCB Chief Otting Adds Chairman Title as He Remakes the Lender bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Donald Trump is considering an advisory role for Elon Musk in the event the former president and presumptive Republican nominee wins a second term in the White House.