Frank McCourt, a US real estate billionaire, aims to buy TikTok to create a 'new internet' that would wrest control from major platforms, citing harm to children and society caused by current big tech platforms.
Key Points
McCourt aims to create a 'new internet' to counter the negative impact of current big tech platforms
Project Liberty envisions a decentralized protocol where users control their own data
McCourt's concerns include harm to children and manipulation by big platforms
Pros
Efforts to address harm caused by current big tech platforms
Campaigning for a decentralized internet where users control their own data
Cons
Uncertainty about TikTok's availability for sale due to legal battles and Chinese government stance