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Bloomberg Businessweek

Frank McCourt on TikTok's Future

Dec 5, 2024
Frank McCourt, the Founder of Project Liberty and an advocate for data reform, dives into the future of TikTok and the growing concerns surrounding social media. He discusses his plans to acquire TikTok amidst national security worries while emphasizing user privacy. McCourt also shares insights on the bidding process and the skepticism around asset valuations. Lastly, he envisions a new alternative platform that prioritizes user control and decentralization, challenging the risks of data surveillance that traditional social media poses.
11:54

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Quick takeaways

  • Frank McCourt emphasizes the importance of protecting user data and identity in the ongoing bid for TikTok under Project Liberty.
  • The podcast highlights the need for a decentralized approach to generative AI to empower users and reform the technological landscape.

Deep dives

Vanguard's Commitment to Investors

Vanguard is actively seeking opportunities for investors during uncertain times, emphasizing its dedication to navigating market complexities. Financial advisors are also striving to find the best solutions for their clients amidst this turbulence. As investing inherently bears risks, including potential losses, Vanguard highlights the importance of informed decision-making to mitigate these risks. The firm is focused on offering resources to guide investors in making strategic choices that align with their financial goals.

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