<ul><li>Alexis Ohanian, the cofounder of Reddit, wants to buy TikTok and set a 'new standard' in social media.</li><li>Ohanian is making a joint bid with former Los Angeles Dodgers owner Frank McCourt and Kevin O'Leary.</li><li>The group says it wants to redesign TikTok around a blockchain-based technology.</li><li>Ohanian believes TikTok's future should be built by creators and users, with data ownership and audience control as key principles.</li></ul>

Reddit cofounder Alexis Ohanian says he wants to buy TikTok and set a 'new standard' in social media

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