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.
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.
Perplexity AI proposes TikTok merger with 50% U.S. government stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
Perplexity AI revises TikTok proposal to give U.S. gov 50% stake, CNBC says
Perplexity AI revised the merger proposal it had submitted to TikTok parent, Hayden Field of CNBC reports. The proposal, which would create a
New bid for TikTok from Perplexity AI could give U.S. government 50 percent stake
If the plan is successful, the shares of TikTok owned by the government would not have voting power, the person said.
TikTok says it will ‘go dark’ unless it gets clarity from Biden following Supreme Court ruling
The Supreme Court has unanimously upheld the federal law banning TikTok beginning Sunday unless it’s sold by its China-based ...
Politico9d
TikTok pressures Biden at last minute, says it will ‘go dark’
TikTok said Friday that the app will “go dark” on Sunday after not receiving enough assurance from outgoing President Joe Biden about his plans for enforcing a scheduled ban. “The statements ...
Fox Business9d
TikTok says it will ‘go dark’ on Sunday without ‘definitive’ assurance that the Biden admin won’t enforce ban
TikTok on Friday said that the social media platform would "go dark" on Sunday without "definitive" assurance from the Biden administration that its ban will not be enforced. "The statements ...
White House calls TikTok’s vow to ‘go dark’ without Biden support ‘a stunt’
The White House on Saturday called TikTok’s statement warning that it will “go dark” on Sunday unless President Biden steps in a “stunt,” arguing the app doesn’t have to take action ...
The Verge9d
TikTok says it will go offline on Sunday if Biden doesn’t intervene
TikTok says it plans to go offline on Sunday, January 19th if the Biden administration doesn’t intervene. The company confirms earlier reporting that it will be “forced to go dark” on the ...
The Washington Post3d
Inside TikTok’s frantic scramble to halt U.S. ban
TikTok embarked on a desperate scramble during President Joe Biden’s last hours in office to stave off a nationwide ban, deploying lawyers and lobbyists as part of a “Hail Mary” onslaught to ...
12:30 Report — Pelosi joins Michelle Obama in skipping Trump ceremony
REPORT It’s Thursday. Do you want the good news or the bad news about Inauguration Day? The good news is that it’ll be sunny!
New York Post9d
TikTok says it will go dark Sunday unless Biden admin assures service providers they won’t be punished
TikTok said the popular video-sharing platform will go dark on its 170 million American users on Sunday unless the Biden administration can guarantee service providers won’t be punished for ...
What will happen to TikTok on Apple and Google’s app store on Sunday?
With President-elect Trump adding uncertainty around whether a TikTok ban will go into effect, the focus is now turning to ...
TheWrap11d
Biden Will Leave TikTok Ban to Trump Administration
Will TikTok be banned or not? That answer seemingly changes by the minute. The Biden Administration on Thursday afternoon signaled it will leave enforcing the looming TikTok ban up to the ...
Fox News10d
Biden maintains he will not enforce TikTok ban, plans to punt to Trump administration
The Biden administration on Friday maintained that it will not actively enforce a federal law set to ban the Chinese-owned social media app TikTok, instead punting any action to the incoming Trump ...
Local Reporter's Comments Are Flooded with Addresses During L.A. Fires — and Her Response Goes Viral (Exclusive)
CBS Sacramento reporter Ashley Sharp tells PEOPLE about going viral on TikTok after she posted updates for L.A. wildfire victims online.