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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 offers updated bid for TikTok, allowing 50% 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 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.
20h
Trump directs US government to override California water policies if necessary
Trump has falsely claimed that Democratic Governor Gavin Newsom and other officials refused to provide water from the ...
5h
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 ...
1d
Bill Gates says most US government departments could be cut by 10 to 15 percent
Seven Democratic senators voted to confirm former South Dakota Gov. Kristi Noem (R) as the head of the Department of Homeland ...
3d
Trump's rapid changes in US government stun federal workers
U.S. President Donald Trump and his team have acted with stunning speed to begin removing or sidelining hundreds of ...
6d
on MSN
US government website offering resources on abortion, reproductive rights goes offline
Reproductiverights.gov, which was launched by the U.S. Department of Health and Human Services in 2022, was offline Tuesday ...
WHDH
43m
Hundreds of US visa appointments canceled in Colombia following spat over deportation flights
Visa appointments at the U.S. Embassy in Colombia were canceled Monday following a dispute over deportation flights from the ...
4d
US Government's Reproductive Rights Website No Longer Online Under Trump
The website reproductiverights.gov is no longer online. Based on archived pages, the website was online just days before ...
3d
DOGE Will Allow Elon Musk to Surveil the US Government From the Inside
A former USDS employee called the repurposing of the Digital Service into DOGE an “A+ bureaucratic jiujitsu move.” It will ...
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