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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.
2d
on MSN
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 ...
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 ...
11h
TikTok Ban: Apple Issues ‘Unprecedented’ Response For iPhone Users
As for Apple’s unprecedented action, this was spotted by Bloomberg’s Mark Gurman in a post on X, who pointed out that Apple ...
2d
U.S. Government Could Own Half of TikTok’s U.S. Business Under New Plan
The latest plan for a TikTok buyout, by Perplexity AI, would give the U.S. government up to a 50% stake in the company’s ...
KTVU FOX 2 San Francisco on MSN
2d
SF-based AI startup proposes plan to give U.S. government partial TikTok ownership
San Francisco's Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization ...
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