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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.
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 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.
TikTok, United States
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.
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 happened?
Coco Gauff hopes TikTok ban in United States is short-lived
Coco Gauff said she hopes TikTok "comes back" in the U.S. after the federal ban of the popular app took effect Saturday.
Trump, TikTok and Oracle
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.
Trump Says He’s Spoken To ‘Many People’ About TikTok Sale—But Not Oracle
Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated their interest in the app.
Trump’s White House in talks to have Oracle, US investors take over TikTok
The administration of U.S. President Donald Trump is working on a plan to save TikTok that involves tapping software company Oracle, opens new tab and a group of outside investors to effectively take control of the app’s operations,
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 ...
Topeka WIBW-TV on MSN
7d
TikTok shut down services in the United States; How is this impacting Kansan creators?
Several hours prior to the midnight deadline, TikTok effectively shut down services in the United States, cutting off access ...
2d
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 ...
2h
on MSN
US-owned Perplexity AI offers new plan to take a half-share in TikTok
The proposal, submitted last week, is a revision of an earlier plan the artificial intelligence startup presented to TikTok's ...
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 ...
Opinion
1d
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 ...
Parkersburg News and Sentinel
18h
Trump’s Q&A on Air Force One goes from the plane’s color scheme to the fate of TikTok and Canada
President Donald Trump hasn’t been shy about sharing his thoughts since taking office, and he added a 20-minute Q&A with ...
23h
on MSN
After TikTok, the WiFi router in your home may be next Chinese tech ban target
TP-Link routers, among Amazon best sellers and according to some estimates up to 65% of the U.S. market, are on the radar of ...
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