Frank McCourt says his bid for TikTok is part of a broader mission to move millions of people to healthier online platforms. βI compare this to large-scale, human physical migration.β
David Sacks, a member of the infamous βPayPal Mafia,β will lead a group of advisers tasked with steering AI and crypto policy under the Trump administration.
The Supreme Court, president-elect Donald Trump, or an American buyer could still intervene to save the video platform, which is used by some 170 million Americans.
The president-elect's transition team is consulting with industry leaders as it vets potential replacements for outgoing chair Gary Gensler, sources tell WIRED.