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Bid for TikTok could give US Government a 50% stake
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, “NewCo.”
Perplexity AI’s new TikTok merger plan could see US govt owning 50% stake
Perplexity AI has revised its merger proposal to ByteDance, the parent company of TikTok, to include a provision allowing the US government to own up to 50% of the new entity following an IPO, CNBC reported.
Perplexity AI’s new bid for TikTok could give U.S. government a 50% stake
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.
21h
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.
Mobile World Live
3h
Perplexity AI fresh TikTok offer calls for $300B IPO
Perplexity AI reportedly modified a proposed merger offer for ByteDance's TikTok US, with the US government to take a 50 per ...
14h
on MSN
Meta offering creators deals to promote Instagram on other apps: report
Meta Platforms (NASDAQ:META) is offering compensation to creators on its Instagram short-video platform to promote the service on other apps, CNBC reported Sunday. The report, which cited details a ...
6h
on MSN
Perplexity AI proposes to merge with Tiktok, with US government getting half, source says
U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ...
5d
on MSN
Kevin O'Leary says he would 'love to do a TikTok deal,' but the law prevents it
Kevin O’Leary says that he’s still interested in deal for TikTok, but that it’s no longer legally viable, even after Trump ...
12d
TikTok's U.S. operations could be worth as much as $50 billion if ByteDance decides to sell
Business moguls should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ...
3h
What the new TikTok is going to look like? The possibilities explained
There are reports that the United States government is looking to bring in software firm Oracle and US investors to take over ...
14h
on MSN
Perplexity AI revises Tiktok merger proposal that could give US government 50% stake, CNBC reports
Perplexity AI revised the merger proposal it had submitted to TikTok parent ByteDance, CNBC reported on Sunday. The proposal, ...
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