Perplexity AI submits proposal to merge with TikTok, give half to US government: report
Perplexity AI submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app stares down a national ban, according to multiple reports. Under the new proposal, the US government would own up to half of the company after a future initial public offering, a source familiar with the matter told CNBC.
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s ...
While TikTok remains hugely popular in Brazil, Indonesia and other markets, its 170 million users in the United States are ...
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
Axios on MSN5d
ByteDance director says TikTok deal will get doneA deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a ...
A potential deal to restructure TikTok’s ownership could reshape its global operations, minimising Chinese influence while ...
Amid reports that the White House is negotiating a deal for TikTok’s sale to Oracle, President Donald Trump has said that he ...
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