Trump's TikTok Plan: A New Chapter for Big Tech?

As the incoming Trump administration takes shape, one question on everyone's mind is: what does this mean for Big Tech? The breakup of Google, the forced sale or ban of TikTok, and the regulation of AI are all issues the president-elect will need to take a stance on. But with Trump's history of making contradictory statements, it's difficult to predict what his actual policy positions will be. One thing is clear, though: Trump's focus on deregulation and perceived competition with China could have significant implications for the tech industry.



Trump's recent comments on TikTok have sparked speculation about a potential acquisition by Frank McCourt, the former LA Dodgers owner. McCourt has expressed interest in buying TikTok and has already secured verbal funding commitments totaling $20 billion from a consortium of investors. His vision for TikTok includes migrating the app's technology onto an open-source protocol using Project Liberty, which would give users more control over their data and content they see. This could potentially disrupt the current tech giants' dominance in the social media and data control space.