Billionaire Frank McCourt’s Project Liberty forms consortium to bid for TikTok’s U.S. operations

Organization News

Billionaire Frank McCourt’s Project Liberty forms consortium to bid for TikTok’s U.S. operations
TiktokPlatformBan
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 17 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 92%

Project Liberty, working with Guggenheim Securities, law firm Kirkland & Ellis, technologies, academics and others, proposed to migrate the platform to a digital open-source protocol

Entrepreneur and former Los Angeles Dodgers owner Frank McCourt said on Wednesday his organization, Project Liberty, is forming a consortium to buy social media platform TikTok in the United States.

The bill was passed by U.S. lawmakers on account of worries that China could access Americans’ data or surveil them through the app. Project Liberty, working with Guggenheim Securities, law firm Kirkland & Ellis, technologies, academics and others, proposed to migrate the platform to a digital open-source protocol.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Tiktok Platform Ban Owner Entrepreneur United Consortium David Clark Frank Mccourt Kirkland & Ellis

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Real Estate Billionaire Frank McCourt Says Readying TikTok BidReal Estate Billionaire Frank McCourt Says Readying TikTok BidFrank McCourt, an US real estate billionaire with ambitions to improve the web, said he plans to build a consortium to buy the US arm of social media website TikTok.
Read more »

Real estate billionaire Frank McCourt readying U.S. TikTok bidReal estate billionaire Frank McCourt readying U.S. TikTok bidFrank McCourt, a real estate billionaire with ambitions to improve the web, said he plans to build a consortium to bid for social media app TikTok’s U.S. business.
Read more »

Mother's Day marked with music at Alzheimer SocietyMother's Day marked with music at Alzheimer SocietyPerformances by Frank Gioia and Frank Greco highlighted therapeutic benefits of music
Read more »

Tenn. Senator Says 'Liberty And Freedoms' At Stake In Volkswagen Workers' Union VoteTenn. Senator Says 'Liberty And Freedoms' At Stake In Volkswagen Workers' Union VoteDave Jamieson has been HuffPost's labor reporter since 2011. Before joining the D.C. bureau, he was a staff writer at Washington City Paper and a freelancer contributing to Slate, the New Republic, the Washington Post and Outside magazine, among other outlets.
Read more »

Amenities For All At Liberty Development's Canopy Towers 2Amenities For All At Liberty Development's Canopy Towers 2Content by STOREYS Custom Studio is created in partnership with companies and brands looking to tell their own stor(e)y.
Read more »

New price and staging draws three bids for Liberty Village loftNew price and staging draws three bids for Liberty Village loftA stylish transformation and a reduced asking price did the trick, luring in 10 visitors and three purchase offers, the best of which beat the asking price by $100,001
Read more »



Render Time: 2025-02-21 09:59:30