Reddit co-founder and investor Alexis Ohanian owns Joined the bid by billionaire Frank McCourt According to Reuters, Tiktok, who is going to become a strategic consultant specializing in social media.
“He has a broad portfolio of experiences … where social media is, and I think there is a keen understanding of where it is going,” McCoot told Reuters. “Where is where he can help is validating, but also socializing what we are doing.”
McCourt’s Internet Advocacy Group (Liberty Project Liberty) organized a consortium called People’s Bidding to buy Tiktok’s U.S. assets. In January, Project Liberty formally submitted a proposal to acquire social media applications detailing plans to give users control over how their data is used and stored.
other Party interested in buying tiktok Includes a group of investors led by tech entrepreneur Jesse Tinsley. Other potential buyers include Microsoft, Oracle, Confused AI and former CEO of the event.
Tiktok fell briefly in mid-January, but Recovered Once President Donald Trump promises to resume the app. After taking office, Trump signed an executive order Extended deadline The ban on Tiktok is 75 days.