Group Led By Billionaire Frank McCourt Makes Formal Bid To Buy TikTok's U.S. Assets
Source: Huff Post
Jan 9, 2025, 11:35 AM EST
An organization founded by billionaire Frank McCourt, the former owner of the Los Angeles Dodgers, and its partners on Thursday said they made a formal bid to acquire the U.S. assets of TikTok as the popular social media platform faces a possible nationwide ban later this month.
Project Liberty, an organization that aims to create a more equitable internet and promote the transition to an open data economy, launched The People’s Bid For TikTok last year — a consortium of partners with the aim of purchasing the U.S. operations of the platform from its Chinese parent company, ByteDance.
“We’ve put forward a proposal to ByteDance to realize Project Liberty’s vision for a reimagined TikTok — one built on an American-made tech stack that puts people first,” McCourt said in a statement. “By keeping the platform alive without relying on the current TikTok algorithm and avoiding a ban, millions of Americans can continue to enjoy the platform.”
“We look forward to working with ByteDance, President-elect [Donald] Trump, and the incoming administration to get this deal done,” he added. Project Liberty said its plan would involve moving TikTok’s U.S. user base of about 170 million people to “American-built digital infrastructure that is designed to put people back in charge of their data and relationships.”
Read more: https://www.huffpost.com/entry/frank-mccourt-project-liberty-tiktok_n_677fe3cde4b09fe8a981e136
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.... I received a strike. Meanwhile, RW nutsacks threaten women on that cesspool app every single minute and there's no violation. Far too many RW mods. P.S.- My post was in response to a TT that detailed the Va. white nurse who was breaking black newborns limbs in the maternity ward. It's her second time doing this. Multiple babies involved. When caught the first time a while back, another hospital let her resign. Disgusting.
Such a great tenure! 
