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Prolific fintech investor and QED Investors co-founder Frank Rotman said Friday that he will transition to a partner emeritus role by year’s end to focus on founding his own startups. But those startups won’t necessarily be financial technology companies. In a post on X, Rotman – who helped start QED in 2007 – declared that … Read more
ZZ Top drummer Frank Beard is taking a leave of absence due to an upcoming medical procedure. On Sunday, the band’s official Instagram account announced that Beard, 75, will be stepping away from their Elevation Tour to tend to “a health issue.” “Shelter Music Group, ZZ Top’s management, has announced the band’s drummer, Mr. Frank … Read more
Reddit co-founder and investor Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser specializing in social media, Reuters reports. “He has that broad portfolio of experience … of where social media was and, I think, a keen understanding of where it’s evolving,” McCourt told Reuters. “Where he can help … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan Chase’s alleged close relationship with prosecutors will be a key focus in the defence strategy of a young entrepreneur, Charlie Javice, scheduled to stand trial this week over criminal charges she fraudulently induced the … Read more
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Frank McCourt, civic entrepreneur, executive chairman of McCourt Global and founder of Project Liberty, speaks at The Wall Street Journal’s Future of Everything Festival in New York City on May 22, 2024. Andrew Kelly | Reuters Frank McCourt said his Project Liberty consortium, which has bid to buy TikTok, would be comfortable sharing ownership of … Read more
McCourt wants to build a decentralized version of the internet where individual users, rather than tech companies, own the reams of data spawned by their online lives. Read More
Jakub Porzycki | Nurphoto | Getty Images Just 10 days before the U.S. ban on TikTok goes into effect, businessman Frank McCourt’s internet advocacy nonprofit Project Liberty announced Thursday it has submitted a proposal to buy the social media site from Chinese technology company ByteDance. Project Liberty and its partners, known as “The People’s Bid … Read more
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