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Bid for TikTok could give US Government a 50% stake
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 AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
New bid for TikTok from Perplexity AI could give U.S. government 50 percent stake
If the plan is successful, the shares of TikTok owned by the government would not have voting power, the person said.
Trump denies talks with Oracle about a TikTok deal
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.
Will Oracle take over TikTok? Trump says he'll make a decision in 30 days
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.
Trump denies talks with Oracle about a TikTok deal but says a decision will likely be made within 30 days
Trump reportedly told reporters during an Air Force One flight that he has been in talks with "numerous people" about a potential deal to "save TikTok."
3h
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 ...
1h
Meta, X, TikTok And YouTube Remove People-Smuggling Accounts
The U.K.'s National Crime Agency has said it's made big progress in stamping out accounts linked to people-smuggling on Meta, ...
23h
on MSN
Who Might Buy TikTok? From MrBeast to Elon Musk, Here Are the Top Contenders
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok.
3h
on MSN
Pence Says Trump Should Uphold TikTok Ban, Allow US Steel Deal
Former Vice President Mike Pence called on his former boss to uphold a law banning TikTok for national security reasons and ...
20h
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 ...
2d
Tech’s TikTok Dilemma: Follow the Law or President Trump?
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — ...
2d
on MSN
How to make money from a TikTok hit. (Hint: You won't get it from TikTok.)
"Boy Room" is a TikTok hit. But the studio behind it didn't make any money from its success until Amazon showed up.
2d
TikTok-loaded phones are selling for thousands online after law prevents new downloads
Some fast-acting entrepreneurs are selling phones with TikTok preloaded on devices for thousands of dollars online, after the ...
1d
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 ...
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