Billionaire and prospective TikTok buyer Frank McCourt laid out a vision Tuesday for how an American-owned version of the app would operate, a day after TikTok appeared in court to try to block a law that could force its sale to an American buyer.
The real-estate mogul has spent years advocating for a new internet in which users instead of tech giants own their data. McCourt said that if the law does force a sale of the app, TikTok’s more than 170 million American users could migrate over in a way that “creates scale and catalyzes this upgraded internet,” he said at POLITICO’s AI & Tech summit.
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