News Snapshot:
Frank McCourt, the billionaire real estate mogul and former owner of the Los Angeles Dodgers, is pouring US$100 million into an attempt to rebuild the foundations of social media. The effort, which he has loftily named Project Liberty, centers 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. The undercurrent to Project Liberty is a fear of the power that a few huge companies – and specifically Facebook Inc – have amassed over the last decade....
