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Billionaire Reddit founder joins growing ranks of TikTok bidders

  • Reddit co-founder Alexis Ohanian has joined a bid led by Frank McCourt to buy TikTok and prevent a US ban.
  • Ohanian will work with McCourt, a former owner of the Los Angeles Dodgers, to acquire the Chinese-owned social media platform.
  • The bid aims to address US national security concerns and give users ownership over their data.
  • McCourt's Project Liberty intends to move TikTok's users and content to an American-made network of servers.

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