Jeff Bezos-backed Perplexity AI has proposed merging with TikTok's U.S. operations, offering the U.S. government a 50% stake via a $300 billion IPO while allowing ByteDance to retain ties without the proprietary recommendation algorithm.
By merging with the U.S. arm of TikTok, Perplexity could emerge as a stronger search rival to Alphabet, a potential blow to Google stock.
Several major tech moguls were given priority seats at President Trump’s second inauguration on Monday, including X owner Elon Musk, Meta’s Mark Zuckerberg, Amazon founder Jeff Bezos and TikTok CEO Shou Zi Chew.
TikTok chief executive Shou Zi Chew could have a prominent spot for president-elect Donald Trump’s inauguration on Monday, according to the New York Times. Trump once sought to ban the app, but now he wants to save it.
The comment originated in a shareholder letter from 1999, later repeated in interviews, in reference to Amazon's devotion to its customers.
An early payoff has already been scored by TikTok, the video-sharing app that spent months currying favor with the then-candidate Trump in hopes that if he won the election, he would help it survive a threatened shutdown.
After the Supreme Court upheld a long-awaited TikTok ban, the app went dark. 14 hours later, it was back. Here's how it unfolded.
TikTok CEO Shou Chew is expected to accept an invitation from President-elect Donald Trump to attend his inauguration.
ANALYSIS: The chaotic unbanning of TikTok signals a new political fusion between corporate power and American authoritarianism — and Silicon Valley stands eager to serve, writes Io Dodds
Silicon Valley is on the way to becoming a tool of the right wing oligarchy-party-state over which Trump presides
Some of the most exclusive seats at President Donald Trump’s inauguration were reserved for powerful tech CEOs who also are among the world’s richest men.
Is it power or profit that explains the proximity of the richest American tech bros to Donald Trump and how SA business has come to assist Cyril Ramaphosa in fixing what the ANC broke?