Perplexity AI proposes a merger with TikTok, with the US government owning up to 50% of the shares. This potential merger ...
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the US government to own up to 50% of a new entity that ...
After TikTok briefly barred U.S. users from its platform on Jan. 19—only to restore access 12 hours later—questions have surfaced about the app's future. In this Q&A, Victor Shih, director of the ...
The debate over TikTok's presence in the US continues to stir up national security concerns, particularly regarding the potential misuse of American data by China's government, and one of America's ...
Social media juggernaut TikTok has been given a reprieve thanks to President Trump signing an executive order to delay the ...
GOP Senators are taking a hard line against TikTok and defying President Trump who wants to delay the app from getting banned with Sens. Tom Cotton and Lindsey Graham leading the charge ...
For TikTok to come back online in the future, ByteDance ... control management decisions. Graham posted last night, "It is apparent that what’s known as a "Chinese golden share structure ...
Ultimately, the law, which passed with bipartisan support and was signed by outgoing President Joe Biden last April, requires TikTok parent company ByteDance to sell the app to a buyer from the ...
The new structure proposed by Perplexity would allow for most of ByteDance’s existing investors to retain their equity stakes and would bring more video to Perplexity, the source said ...
I hope the ByteDance management will get serious now as well.” But others in the party sounded a clear note of hostility to the app. House Energy and Commerce ranking member Frank Pallone (D-N.J ...
Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a ...
Factor in America-China business relations, the fact the Chinese government owns part of ByteDance, the complicated ownership structure surrounding TikTok itself and plenty more besides ...