A Billionaire Has a Plan to Save the Internet—Buying TikTok Is the Next Step

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Frank McCourt, the real estate mogul and former LA Dodgers owner, wants to go all in on the Decentralized Social Networking Protocol.

Hey, everyone. I’m back! Big thanks to my colleagues Vittoria Elliott and Dhruv Mehrotra for taking over for the past two weeks. Hopefully you all enjoyed hearing from them. For this week, I spoke with billionaire Frank McCourt. He’s spearheading a bid to buy TikTok and is one of the few people interested in the app who could care less about its powerful algorithm. McCourt wants to fix the internet, and he thinks TikTok could help him do it. Let’s talk about it.

Politics Lab is your guide through the vortex of extremism, conspiracies, and disinformation. 🗞️ Read previous newsletters here. 🎧 Listen to the Reads A January 6 Rioter Is Leading an Armed National Militia From Prison: Prison isn’t stopping one January 6 rioter from organizing armed militias ahead of November. Last week, Edward “Jake” Lang and a handful of other right-wing voices launched a Telegram network of militias across the country. An AI Bot Is Running for Mayor in Wyoming: An AI bot is running for mayor of Cheyenne, Wyoming.

 

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