Billionaire McCourt Gains Support for TikTok Takeover and Data Privacy Push

1 min read
Source: CNBC
Billionaire McCourt Gains Support for TikTok Takeover and Data Privacy Push
Photo: CNBC
TL;DR Summary

Billionaire Frank McCourt is leading a bid to buy TikTok with a vision to create a new internet platform that prioritizes user data control and safety, especially for children. His initiative, Project Liberty, aims to build a healthier social media environment and has garnered support from parents affected by social media-related tragedies. McCourt's group is seen as a non-threatening buyer focused on TikTok's community rather than its algorithm, amidst ongoing legal battles and rival bids.

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