Tag: Frank McCourt

  • We checked back in with a billionaire who wanted to save TikTok

    We checked back in with a billionaire who wanted to save TikTok

    Real estate investor Frank McCourt said he has received $20 billion in informal commitments from investors to purchase TikTok. The sale would boost McCourt’s existing technology initiative “Project Liberty” and it has developed a decentralised social networking protocol called DSNP. The process would allow for users to export over their friends and followers to a…

  • TikTok is Unclear in the US and we need a Billionaire to save it

    TikTok is Unclear in the US and we need a Billionaire to save it

    Ex-Los Angeles Dodgers owner Frank McCourt has said he’s received $20 billion in “informal commitments” from investors to purchase TikTok. McCourt has offered the app’s brand, user base, and existing content for $20 billion. He said he does not “need or want” the algorithm running TikTok’s For You page. McCourt added that people don’t know…