This Billionaire Wants to Buy TikTok and Remake the Internet

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 28 May 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Real-estate mogul Frank McCourt is organizing a bid to acquire TikTok in the U.S. He spoke with WSJ senior personal technology columnist Joanna Stern at the WSJ’s Future of Everything Festival, about his plans and his vision for the future of the internet. Plus, we’ll learn about the growth of Yondr, the company making little pouches to keep people off their phones. Zoe Thomas hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:30.0	Welcome to Tech News Briefing. It's Tuesday, May 28th. I'm Zoe Thomas for the Wall Street Journal.
0:40.0	What do comedy clubs, concerts, and schools have in common?
0:44.2	They all want people in attendance to stay off their phones.
0:48.1	But getting people to put their phone away is not easy.
0:51.5	Enter yonder, maker of little bags for locking up phones. is Interested in buying a social media platform?
1:02.9	Billionaire Frank McCourt is.
1:05.1	He sat down with our senior personal tech columnist Joanna Stern
1:08.5	at the W.S.J.
1:09.8	Future of Everything Festival
1:11.5	to discuss the bid for Tik-Toc he's organizing and his
1:14.8	vision for the future of the internet. We'll have highlights from their
1:18.1	conversation. First though, most of us find it pretty hard to put down our phones, even when we're at live events.
1:28.0	The company Yonder has a solution for that. When guests arrive at a show, yonder workers or venue
	...

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