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Bid for TikTok could give US Government a 50% stake
Perplexity AI alters TikTok merger offer, with possibility of 50% U.S. government stake - reports
Perplexity AI revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could open up to a 50% stake for the U.S. government, according to multiple news reports.
Perplexity AI's New TikTok Merger Offer Could Give U.S. Government 50% Stake
AI startup's updated ByteDance deal introduces NewCo, with TikTok U.S. oversight and potential government equity participation
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 Bold Proposal: Merging with TikTok's US Business Amid Political Tensions
Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised proposal allows ByteDance to retain some ties but excludes the algorithm.
Perplexity AI revises merger proposal with TikTok – report
AI search engine startup Perplexity AI has put forward a revised proposal for a merger with TikTok's US operations, reported Reuters.
U.S. Could Own 50% Stake Under Perplexity AI's Revised TikTok Proposal
Perplexity AI's revised proposal suggests the US government acquire up to 50% stake in a new entity merging Perplexity and TikTok's US operations, addressing national security concerns.
Perplexity AI proposes TikTok merger, giving US govt half: source
US startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with
Perplexity AI and ByteDance Revise Merger: U.S. Government Stake Introduced
Perplexity AI updated its merger proposal with TikTok's parent company, ByteDance. The new agreement includes a provision allowing the U.S. government to acquire up to 50% ownership of the new entity after a future IPO.
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 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.
Daily Express US on MSN
2h
US Government could own 50% of TikTok as new bidder enters fray
A new bidder has emerged to buy the U.S. business of TikTok with a proposal that would see the government own a stake in the ...
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 ...
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 ...
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