Reddit co-founder joins bid to acquire TikTok

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Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser.

McCourt’s internet advocacy organisation, Project Liberty, announced this week that the Ohanian, an investor married to tennis star Serena Williams, had joined a consortium called “The People’s Bid for TikTok”.

“I’m officially now one of the people trying to buy TikTok US — and bring it on-chain,” Ohanian said in a series of posts made Tuesday on X, referencing a decentralised, blockchain-based platform that Project…



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Reddit co-founder joins bid to acquire TikTok


Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser.

McCourt’s internet advocacy organisation, Project Liberty, announced this week that the Ohanian, an investor married to tennis star Serena Williams, had joined a consortium called “The People’s Bid for TikTok”.

“I’m officially now one of the people trying to buy TikTok US — and bring it on-chain,” Ohanian said in a series of posts made Tuesday on X, referencing a decentralised, blockchain-based platform that Project…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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