Congressional lawmakers today told Apple and Google they must be ready to remove TikTok from their U.S.

app stores on January 19th.

Last week, a U.S. federal appeals court upheld a law requiring TikTok's parent company,

Bite Dance, to sell it in the U.S. or face a ban.

The app is used by 170 million Americans, and lawmakers argue that the Chinese

government's relationship with TikTok's parent company threatens data privacy and national security.

As the deadline grows closer, there are lots of questions about what will happen to the app or

who could buy it. Joining us now to discuss that is Frank McCourt, who's leading

a group of investors to try to buy the U.S. part of TikTok. He's executive chairman of McCourt Global.

Thanks for being with us. Hi, Jeff. How are you? Doing well, thanks. So TikTok's Chinese parent company,

BightDance, says it has no plans to sell the app. And the Chinese

government, as I understand it, is unlikely to approve the sale of TikTok's U.S. business.

So why do you see an opening here?

Well, you know, we've said all along that we believe the government's case would be upheld.

It was a week ago today. And we believe when push comes to

shove that the app will be sold. It won't be sold, however, with the Chinese algorithm.

And I think that's really the key point. China's made it clear that that's national intellectual

property. They're not selling it. And we're one of the few, if not the only bidder,

that is interested in buying U.S. TikTok without the algorithm. We have a full, clean, made in America

stack, ready to go to migrate the user base over to it. So we think there's a high likelihood

that there'll be a sale. We could be wrong and it may be

shut down. But I hope it's not shut down. The user base of TikTok hopes it won't be shut

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