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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 wants to buy TikTok — and give the U.S. government a big stake
Perplexity AI has reportedly revised its initial offer to merge with TikTok — this time with a carveout to give the U.S. government 50% control in a future initial public offering (IPO).
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on MSN
These Billionaires, Companies And Investors Could Buy TikTok—As Trump Eyes ‘Bidding War’ With Microsoft
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
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Trump’s reported plans to save TikTok may violate SCOTUS-backed law
There's no telling yet if Trump's plan can set up a better version of Project Texas or convince China to sign off on a TikTok ...
1d
on MSN
From MrBeast to Elon Musk, who is in the running to buy TikTok?
The countdown is on again for a US-based buyer to take on TikTok, as it faces a ban. Euronews Next takes a look at the ...
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