This isn't just about buying TikTok's U.S. assets; it's about something much bigger: protecting the privacy of 170 million American users. It's about empowering creators and small businesses. And it's about building a platform that prioritizes people over algorithms.
So, I wanted to let him know—as well as others in his cabinet—that we're doing this, and we're going to need their help.
Dubbed the 'People's Bid for TikTok,' this consortium is spearheaded by Project Liberty with a mission to empower users by giving them control over their own data.
According to the Project Liberty website, McCourt has reportedly secured verbal commitments of up to $20 billion to back the purchase.
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