Billionaire Frank McCourt's TikTok bid wins key backer as he looks past app's prized algorithm
Publishing timestamp: 2024-06-06 17:31:20
Summary
Billionaire Frank McCourt is part of a group interested in buying TikTok to create a new platform where users can control their data. His bid has attracted interest from various investors and parents who have lost children due to interactions on social media. McCourt's vision is to create a safer and more profitable alternative to current social media platforms.
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Keywords: frank mccourt, business, breaking news: technology, technology, breaking news: politics, entertainment, snap inc, business news, politics, tiktok, social media,
Source: https://www.cnbc.com/2024/06/06/billionaire-frank-mccourts-tiktok-bid-backed-by-parents-group.html