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As the deadline for a potential TikTok ban in the U.S. approaches, billionaire and former Los Angeles Dodgers owner Frank McCourt's Project Liberty confirmed making a formal offer to Bytedance ...
Project Liberty said its plan would involve moving TikTok’s U.S. user base of about 170 million people to “American-built digital infrastructure that is designed to put people back in charge ...
(Reuters) - Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid ...
Neither Project Liberty nor TikTok immediately responded to USA TODAY's request for comment on Monday. Who is Frank McCourt? McCourt, 71, is a former owner of the Los Angeles Dodgers.
Project Liberty would need to build a “clean tech stack” that is both powerful enough to support the countless hours of TikTok videos users watch and insulated from any possible Chinese ...
Frank H. McCourt Jr. (born August 14, 1953) is an American business executive and philanthropist. [1] [2] As of 2023, he is the executive chairman and former CEO of McCourt Global, [3] owner of major French football club Olympique de Marseille and founder and executive chairman of international non-profit Project Liberty. [3]
McCourt's Project Liberty advocacy group submitted a bid to buy the U.S. assets of TikTok in early January with plans to run the app on the group's technology which aims to let users choose how ...
McCourt’s bid, through Project Liberty and other investors, is for a reported $20bn (£16.4bn) - based on an equivalent enterprise value of Snapchat, Forbes report.