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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 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.
Perplexity AI offers US government 50% stake in revised TikTok merger proposal: Report
Besides Perplexity, several other companies and individuals have put in their bids to either purchase or merge with TikTok.
18h
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 ...
3h
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 ...
FOX 32
2h
AI startup's plan would include 50% U.S. government ownership of TikTok
Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization searches for a U.S.
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 ...
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 ...
1d
on MSN
Musk Exploring Blockchain Use in US Government Efficiency Effort
Elon Musk has initiated conversations about using blockchain technology at the new Department of Government Efficiency, ...
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