Under new plan, US government would acquire its stake during entity's initial public offering, which could be valued at $300B ...
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% equity during an IPO valued at $300 billion. ByteDance would sell TikTok US ...
Perplexity AI has presented a new proposal to TikTok's parent company that would allow the US government to own up to 50 percent of a new entity that merges Perplexity with TikTok's US business, ...
The mark-ups come amid President Trump signing an executive order for an 75-day extension for TikTok to sell to U.S. buyers.
Why Was TikTok Banned? Congress voted to ban TikTok in the U.S., citing concerns that the platform's ownership structure ...