Real estate mogul has a US$100mil plan to save the Internet


SAN FRANCISCO: Frank McCourt, the billionaire real estate mogul and former owner of the Los Angeles Dodgers, is pouring US$100mil (RM414.5mil) into an attempt to rebuild the foundations of social media.

The effort, which he has loftily named Project Liberty, centres on the construction of a publicly accessible database of people’s social connections, allowing users to move records of their relationships between social media services instead of being locked into a few dominant apps.

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