ByteDance Won't Spin Off TikTok
This is a US news story, published by Verge, that relates primarily to Frank McCourt news.
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TikTokVerge
•The long-shot plan to save TikTok from a US ban
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70% Informative
Frank McCourt has been very public about his desire to buy TikTok in the US .
He pitched more investors on his Project Liberty plan to buy the app’s US operations.
The real estate billionaire has roughly $20 billion behind him for a bid.
He imagines TikTok offering a marketplace of user-created algorithms, much like Bluesky .
Frequency is looking to decentralize, not further centralize, says founder.
DSNP is not asking China for the algorithm, but it's not an antitrust threat, he says.
He says he's open to someone else to build an alternative to Frequency .
Frequency will pass CFIUS vetting and the app stays alive, he adds.
Hundreds of the world’s top AI researchers gathered this week in Vancouver , Canada for NeuralPS.
The “Is AI hitting a wall?” conversation came up sometimes, but this is not the place where people actually believe that.
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