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TikTok, Perplexity
New TikTok Bid Could Give US Government 50% Stake
The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could acquire up to a 50 percent nonvoting stake after a public offering valued at $300 billion or more. ByteDance would maintain equity in the new entity but cede control to a U.S. board.
New bid for TikTok from Perplexity AI could give US government 50% stake
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter.
Perplexity AI proposes TikTok merger with 50% U.S. government stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
Trump, TikTok
President Trump says he'll decide on TikTok's ownership 'probably over the next 30 days'
President Donald Trump told reporters Saturday, "Numerous people are talking to me, very substantial people, about buying" TikTok.
Tech’s TikTok Dilemma: Follow the Law or President Trump?
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.
Trump says banning TikTok won’t make Americans safer from China. He may have a point
President Donald Trump on Wednesday batted down the national security concerns surrounding TikTok, saying, “Is it that important for China to be spying on young people? On young kids watching crazy videos?
4d
on MSN
Congress Banned TikTok. What Happened Next Will (Not) Surprise You.
TikTok held firm and refused to be sold, Congress blinked, and now everyone is scrambling to avoid a backlash from its ...
17h
on MSN
Rep. Mike Turner says TikTok "remains a national security threat"
Rep. Mike Turner, the former chairman of the House Intelligence Committee, said TikTok "remains a national security threat" ...
2h
on MSN
Oracle enters race to take over TikTok's operations in the US
It seems Oracle isn’t the only name that is engaged in the talks; Microsoft is also one of them. The tech giant is reportedly ...
justthenews
14h
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 security threat and he hopes President-elect Trump can reaches a deal that ...
4d
on MSN
TikTok’s parent company is in active discussions about a deal, board member says
A board member at TikTok’s parent company said that a deal to save the app from disappearing in the United States will be ...
1d
on MSN
Trump’s White House in talks to have Oracle, US investors take over TikTok
Under the deal being negotiated by the White House, TikTok’s China-based owner, ByteDance, would retain a stake in the ...
2d
Can't download TikTok? Here's why the app is still unavailable despite Trump's order
The TikTok app is still not available in Google Play or Apple's App Store despite Trump's order halting the ban. Here's ...
3h
What the new TikTok is going to look like? The possibilities explained
There are reports that the United States government is looking to bring in software firm Oracle and US investors to take over ...
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