Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised ...
If the plan is successful, the shares of TikTok owned by the government would not have voting power, the person said.
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...
According to Reuters, the deal being negotiated by the White House would see ByteDance retaining a stake in the company — ...
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...
Congress voted to ban TikTok out of concern that TikTok's ownership structure represents a security risk, a ban upheld by the ...
TikTok and President Donald Trump are reportedly in talks with Microsoft and Oracle to buy the social media app.
Last week, President Donald Trump paused TikTok's nationwide ban in the U.S., after the Supreme Court ordered it be shut down due to national security concerns over its ties to the Chinese government.