Billionaire Frank McCourt's Project Liberty bids for TikTok ahead of Supreme Court arguments

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Billionaire Frank McCourt's Project Liberty bids for TikTok ahead of Supreme Court arguments
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The internet advocacy group's proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.

Project Liberty and its partners, known as "The People's Bid for TikTok," would restructure the app to exist on an American-owned platform and prioritize users' digital safety, the project said in a

A Project Liberty spokesperson said the nonprofit was not disclosing the financial terms of the offer but confirmed that ByteDance has received the proposal.The case has worked its way through the judicial system. Most recently, the U.S. Court of Appeals for the District of Columbia Circuit ruled in favor of the law on Dec. 6, writing that the government's national security justifications for the ban were sufficiently compelling., TikTok said that the ban would cost U.S.

The People's Bid for TikTok aims to migrate TikTok to an open-source platform that allows users more control of their data, as part of Project Liberty's mission to build a more user-empowered internet.

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