Project Liberty Plans $20 Billion Acquisition of TikTok

Project Liberty, a nonprofit organization, is making headlines with its plans to acquire TikTok, backed by over $20 billion in investor interest. Founded by media mogul Frank McCourt, the initiative aims to promote user rights and data privacy in the digital space. With support from notable figures like Tim Berners-Lee, Project Liberty’s bid could reshape TikTok’s operations amid growing scrutiny over data security practices. As the investor roadshow approaches, the tech community watches closely for potential changes in the social media landscape.