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Bid for TikTok could give US Government a 50% stake
New TikTok Bid Could Give US Government 50% Stake
The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could acquire up to a 50 percent nonvoting stake after a public offering valued at $300 billion or more. ByteDance would maintain equity in the new entity but cede control to a U.S. board.
Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
U.S. Government Could Own Half of TikTok’s U.S. Business Under New Plan
The latest plan for a TikTok buyout, by Perplexity AI, would give the U.S. government up to a 50% stake in the company’s domestic business.
Trump denies talks with Oracle about a TikTok deal
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.
Oracle and Microsoft are reportedly in talks to take over TikTok
Others who have reportedly considered buying TikTok include Elon Musk, real estate billionaire Frank McCourt, and Shark Tank host Kevin O’Leary. Trump recently said he would like Larry Ellison, who co-founded Oracle, to buy the platform.
Trump denies talks with Oracle about a TikTok deal but says a decision will likely be made within 30 days
Trump reportedly told reporters during an Air Force One flight that he has been in talks with "numerous people" about a potential deal to "save TikTok."
Harvard Business Review
1h
What TikTok’s Fate Will Mean for Global Business
Whether or not TikTok is banned in the U.S., the saga has broad reaching implications for global business. Three experts ...
4h
on MSN
From TikTok to Tulsi: How Mike Pence is taking aim at Trump 2.0
But Pence refused to endorse President Donald Trump in the 2024 election. Pence and Trump fell out after the January 6th ...
3h
Meta, X, TikTok And YouTube Remove People-Smuggling Accounts
The U.K.'s National Crime Agency has said it's made big progress in stamping out accounts linked to people-smuggling on Meta, ...
2d
Tech’s TikTok Dilemma: Follow the Law or President Trump?
The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — ...
1d
on MSN
Who Might Buy TikTok? From MrBeast to Elon Musk, Here Are the Top Contenders
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok.
2d
on MSN
How to make money from a TikTok hit. (Hint: You won't get it from TikTok.)
"Boy Room" is a TikTok hit. But the studio behind it didn't make any money from its success until Amazon showed up.
2d
TikTok-loaded phones are selling for thousands online after law prevents new downloads
Some fast-acting entrepreneurs are selling phones with TikTok preloaded on devices for thousands of dollars online, after the ...
2d
on MSN
Can't download TikTok? Here's why the app is still unavailable despite Trump's order
The TikTok app is still not available in Google Play or Apple's App Store despite Trump's order halting the ban. Here's ...
1h
on MSN
My breakup went viral on TikTok so I built a career as an influencer. It has lasted longer than the heartbreak.
When a video of Bridgette Vong and her ex-partner's final goodbye went viral, she leveraged the engagement to become a ...
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