American billionaire seeks to acquire Tiktok amid moves to ban app

Due to his serious concerns about the social impact of large internet platforms, US real estate mogul Frank McCourt has indicated interest in purchasing TikTok.

According to reports, McCourt who owns the Los Angeles Dodgers and Olympique de Marseille sees TikTok as a critical chance to transform the online environment away from what he considers to be damaging effects spread by websites like YouTube and Instagram.

Frank McCourt blasted big tech’s algorithms this week at the Collision tech conference in Toronto, Canada, citing instances such as the political unrest in France to demonstrate their polarizing effect and accusing them of escalating social tensions and polarization.