New bid for TikTok from Perplexity AI could give US government 50% stake
WASHINGTON (AP) — 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.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...
According to a new report, Oracle is in talks to take over TikTok's global operations, while Microsoft is looking to invest.
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a ...
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ByteDance director says TikTok deal will get doneA deal will get done to ensure that TikTok remains available in the U.S., General Atlantic CEO Bill Ford told Axios during an ...
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to ...
The proposal, submitted last week, is a revision of an earlier plan the artificial intelligence startup presented to TikTok's ...
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