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TikTok, Perplexity and US government
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.
Perplexity offers updated bid for TikTok, allowing 50 percent US government stake
Perplexity AI has submitted an updated proposal to merge with TikTok that would allow the U.S. government to take a 50 percent stake in the newly formed company, a source familiar confirmed to The
Perplexity AI Wants to Merge With TikTok, Give US Government Half of the Company
TikTok, which faces the ticking clock of a ban enforcement, is being pursued by several suitors for a US merger or sale.
14h
on MSN
Trump move to delay TikTok ban stretches executive power
The latest turn in the ongoing saga over TikTok in the United States has brought the balance of power among the three ...
1h
on MSN
Trump's TikTok Reprieve Won't Fix the Law's Free Speech Problems
President Donald Trump is on the right track regarding TikTok. The app should remain available in America. Unfortunately, that is not as simple as pausing ...
AOL
12d
TikTok says it will 'go dark' on Sunday without US government action
TikTok
has said it will be forced to "go dark" in the
US
on Sunday unless the
government
intervenes before a ban takes ...
13d
Will TikTok still work in the US after its banned? Everything to know
The Supreme Court unanimously chose to uphold the TikTok ban-or-sell legislation. Here's what that means for the app and its ...
11d
US bans TikTok. Here's what could come next
A U.S. ban of TikTok began to take effect on Sunday, capping a high-stakes battle that pitted the federal government against ...
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