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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.
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.
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 domestic business.
China, Trump and TikTok
Trump has tossed TikTok a lifeline. But China’s not happy
For many of America’s 170 million TikTok users, US President Donald Trump’s move to delay a legal ban of the popular social media platform was cause for celebration. But in China, where TikTok’s parent company is based,
Trump makes eye-popping claim about China, TikTok and American children
President Donald Trump dismissed the threat of TikTok potentially spying on American children in an interview with Sean Hannity, saying Chinese-made phones and computers could be a bigger risk.
TikTok is intertwined with tariffs as Trump weighs his 'one very big power over China'
It’s not yet known how Donald Trump will resolve TikTok’s complicated legal limbo, but what does seem clear is that the fate of the social media app is increasingly linked in the president's mind to his top issue of tariffs.
12d
Why China may be OK with TikTok selling to Elon Musk
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ...
6d
Trump Warns Fate Of TikTok Deal Could Impact China Tariffs—Beijing Signals It May Not Block Sale
Trump warned he could hit China with 100% tariffs if it intervened and blocked a deal to allow 50% U.S. ownership of TikTok.
5d
on MSN
China panicked about American users corrupting their youth via TikTok alternative RedNote
RedNote, called Xiaohongshu in Chinese — which literally translates as Little Red Book, an apparent reference to former ...
4h
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 ...
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 ...
11d
on MSN
China-owned TikTok alternative RedNote’s surge in US sparks alarm over ‘serious’ security risks
The bizarre surge in popularity for Chinese social media app RedNote has sparked alarm among policy experts who warned it ...
16h
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" ...
23h
on MSN
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.
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