Summary
Reddit co-founder Alexis Ohanian has joined Frank McCourt’s bid to acquire TikTok’s U.S. operations as a strategic adviser.
McCourt, who calls his bid “The People’s Bid,” plans to give users more control over their data. Ohanian’s expertise in social media is expected to help validate and promote the initiative.
Other bidders include investors led by YouTuber MrBeast. ByteDance has not defined assets for sale and may shut down TikTok instead.
The White House is reviewing McCourt’s bid amid national security concerns.
For some reason I thought this asshole had some substance to him a while ago. That all evaporated when I watched him guffaw about ‘apes’ and other crypto scams for an hour with fellow tech bro dullard Kevin Rose.