Ahead of January 19 Deadline, Project Liberty Announces a Formal Offer to Acquire TikTok U.S. | PR Newswire [Video]

Spearheaded by Project Liberty Founder Frank McCourt, The People’s Bid for TikTok aims to relaunch the platform on a new, American-made digital infrastructure

Positions TikTok as the focal point of an innovative, alternative social media infrastructure

Accomplishes policy goals of Congress, avoids platform ban, limits disruption for TikTokers, and offers speed and certainty for ByteDance and its stakeholders

, /PRNewswire/ — Today, Project Liberty and its consortium of partners in The People’s Bid announced they’ve delivered a proposal to ByteDance to acquire TikTok’s U.S. assets. The proposal aims to preserve the platform’s vibrant community, while also giving 170 million American TikTokers the ability to control, protect, and benefit from their data.

“We’ve put forward a proposal to ByteDance to realize Project Liberty’s vision for a reimagined TikTok – one built on an American-made tech stack that puts people first,” said Frank McCourt, Founder of Project Liberty. “By keeping the platform alive without relying on the current …