united states government

Bid for TikTok could give US Government a 50% stake

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.

Newsweek on MSN · 4h

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.

The Mirror US on MSN · 9h

Bid for TikTok could give US Government a 50% stake as Trump remains in talks to broker the sale

The deal would allow the U.S. operations of the app to be sold off to U.S. investors, with government owning up to a 50% stake, to create a new company but without ByteDance having to hand over the pr

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Bid for TikTok could give US Government a 50% stake

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