US billionaire on TikTok

US real estate billionaire Frank McCourt is planning to buy TikTok in the US to rescue the internet from major social media platforms that he believes are harming society and endangering children. McCourt aims to create a 'new internet' to counter the influence of platforms like Instagram, YouTube, and TikTok, emphasizing the need for change and decentralized control over data. His concerns include the negative impact of algorithms on society, especially on children's mental health, leading him to take action to protect the next generation. McCourt criticizes big tech's manipulation through individual data attributes and advocates for a shift towards a more user-controlled online environment.