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Perplexity AI’s new TikTok merger plan could see US govt owning 50% stake
Perplexity AI has revised its merger proposal to ByteDance, the parent company of TikTok, to include a provision allowing the US government to own up to 50% of the new entity following an IPO, CNBC reported.
Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
Artificial Intelligence Company’s Bid for TikTok Could Give American Government a 50 Percent Stake in New Company
Congress voted to ban TikTok out of concern that TikTok's ownership structure represents a security risk, a ban upheld by the Supreme Court but
New bid for TikTok from Perplexity AI could give U.S. government 50 percent stake
If the plan is successful, the shares of TikTok owned by the government would not have voting power, the person said.
Perplexity submits a new bid for TikTok
Perplexity AI has submitted a revised proposal to merge with TikTok, in an arrangement that would give the U.S. government up to 50 percent ownership of the new entity. The Associated Press first reported on the new proposal.
1h
Trump holds talks for sale of TikTok, to decide app's future in 30 days
Amid reports that the White House is negotiating a deal for TikTok’s sale to Oracle, President Donald Trump has said that he ...
Opinion
19h
Opinion
With TikTok ban, Trump is picking and choosing which laws to follow | Opinion
Despite all of this, Trump has decided that the best course of action is to delay the shutdown of TikTok, even though he was ...
7d
on MSN
TikTok shuts down in the United States hours ahead of a ban
TikTok went offline in the United States Saturday night, less than two hours before a ban was slated to go into effect.
3h
New proposal emerges for TikTok
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...
6d
TikTok was banned in the United States. But now it’s back. How come?
A TikTok ban briefly came into effect this past weekend in the U.S., but service came back the next day. What exactly ...
justthenews
8h
Rep. Turner says TikTok remains 'national security threat,' hopes Trump can get ByteDance to divest
Rep. Mike Turner, R-Ohio, former chairman of the House Intelligence Committee, said on Sunday that TikTok remains a national ...
7d
In the United States, Users React to Life (Briefly) Without TikTok
The app went dark nationwide on Saturday night, but the company indicated it was in the process of restoring the service ...
17h
on MSN
Who Might Buy TikTok? From MrBeast to Elon Musk, Here Are the Top Contenders
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok.
1d
on MSN
iPhones with TikTok Installed Are Selling for Up to $5M on eBay After the Social Media App's Brief Ban
Phones that still have TikTok installed on them are fetching high prices on eBay, days after the social media platform's ...
7d
What We Know About the TikTok Ban
The popular video app went dark in the United States late Saturday and then came back around noon on Sunday, even as a law ...
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