Perplexity AI revises merger proposal with TikTok, offers 50% equity to US government: Report
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 to investors while retaining its recommendation algorithm.
Congress voted to ban TikTok out of concern that TikTok's ownership structure represents a security risk, a ban upheld by 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 ...
TikTok owner ByteDance is reportedly still searching for non-sale options to stay in the US after the Supreme Court upheld a ...
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI ...
TikTok's influence has been greater than its seemingly short-lived demise. The ByteDance-owned app returns after going dark ...
General Atlantic CEO and ByteDance board member Bill Ford said Wednesday that he believes TikTok soon will reach a deal to ...
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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 ...
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...
Rep. Mike Turner, R-Ohio, former chairman of the House Intelligence Committee, said on Sunday that TikTok remains a national ...
General Atlantic CEO Bill Ford said on Wednesday that a deal would get done to save TikTok in the U.S. after President Donald ...
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