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Bid for TikTok could give US Government a 50% stake

CNBC on MSN · 3d

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.”

Hosted on MSN · 3d

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.

Quartz on MSN · 3d

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).

2don 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.

3d

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 ...

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