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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?
TikTok, other Bytedance goes dark in United States as ban takes effect
TikTok was not the only app that became unavailable for many U.S. users. The ban also impacts other Bytedance apps, like CapCut, Lempon8 and Gauth. Apple, in a statement on its website, said it’s “obligated to follow the laws in the jurisdictions where it operates,”
Trump, TikTok
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 discussing TikTok purchase with multiple people, decision in 30 days
By Nandita Bose, Dawn Chmielewski, Milana Vinn, Kanishka Singh ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days.
Trump administration negotiates future of TikTok
President Donald Trump has pivoted from calling for TikTok to be banned, during his previous term, to now working on a deal to keep the social media app staying in business in the U.S.
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 ...
7d
on MSN
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.
USA Today
6d
Trump proposes 50% US ownership of TikTok: 'We're going to have a lot of bidders'
WASHINGTON — Just hours after a brief shutdown of
TikTok
across the nation, President-elect Donald Trump proposed to let the
United
States
own half of the popular social media platform to ...
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 ...
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