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Bid for TikTok could give US Government a 50% stake
New bid for TikTok from Perplexity AI could give US government 50% stake
WASHINGTON (AP) — 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 just put in a new bid for TikTok
A new report has revealed that Perplexity has recently put in a new bid for TikTok following revisions based on Trump’s feedback.
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.
China, Trump and TikTok
Trump has tossed TikTok a lifeline. But China’s not happy
For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based,
Trump makes eye-popping claim about China, TikTok and American children
President Donald Trump dismissed the threat of TikTok potentially spying on American children in an interview with Sean Hannity, saying Chinese-made phones and computers could be a bigger risk.
TikTok is intertwined with tariffs as Trump weighs his 'one very big power over China'
It’s not yet known how Donald Trump will resolve TikTok’s complicated legal limbo, but what does seem clear is that the fate of the social media app is increasingly linked in the president's mind to his top issue of tariffs.
12d
Why China may be OK with TikTok selling to Elon Musk
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ...
4h
on MSN
From TikTok to Tulsi: How Mike Pence is taking aim at Trump 2.0
But Pence refused to endorse President Donald Trump in the 2024 election. Pence and Trump fell out after the January 6th ...
5d
on MSN
China panicked about American users corrupting their youth via TikTok alternative RedNote
RedNote, called Xiaohongshu in Chinese — which literally translates as Little Red Book, an apparent reference to former ...
4d
on MSN
How TikTok became a ‘poker chip’ in a high-stakes game between Trump and China
In his first few days back in office, President Trump is talking about TikTok entirely as a deal making exercise, dropping ...
4d
on MSN
TikTok users in Germany more susceptible to Russian and Chinese misinformation, says report
TikTok users and young people in Germany are significantly less suspicious and have a more favourable view of Moscow and ...
12h
World Street | China PMI contracts, Perplexity AI's TikTok proposal, Trump's crypto orders and more
From Trump's crypto push to the European Central Bank's hunt for digital euros, here's a look at some of the major ...
justthenews
15h
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 ...
23h
on MSN
These Billionaires, Companies And Investors Could Buy TikTok—As Oracle Reportedly Weighs Deal With Trump
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
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