Perplexity AI proposes TikTok merger with 50% U.S. government stake

Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.

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Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake

A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."
CNBC - 17h
Pakistani government proposes sweeping controls on social media

Pakistan's lower house of parliament has passed a bill with sweeping controls on social media that includes blocking platforms and sending users to prison for spreading disinformation
ABC News - 4d
Coco Gauff writes 'RIP TikTok USA' on camera lens following U.S. government ban

Gauff had over 750,000 followers on TikTok, which is no longer available in the United States
CBS Sports - Jan. 19
Perplexity AI submits bid to merge with TikTok US

The search engine platform Perplexity AI submitted a bid to merge with TikTok on Saturday, a source familiar told The Hill. The move follows a Friday Supreme Court ruling that upheld the decision ...
The Hill - Jan. 19
Perplexity AI makes a bid to merge with TikTok U.S.

Perplexity AI submitted a bid on Saturday to TikTok parent ByteDance, proposing that Perplexity merge with TikTok U.S., CNBC has learned.
CNBC - Jan. 18
TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell

Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.
CNBC - Jan. 15
U.S. Steel and Nippon Sue Biden Over Blocked Merger

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.
The New York Times - Jan. 6
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision

The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.
Inc. - Jan. 6
U.S. Steel, Nippon file lawsuits over Biden's block of merger

U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...
CBS News - Jan. 6

Perplexity AI proposes TikTok merger with 50% U.S. government stake

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Related

Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake

Pakistani government proposes sweeping controls on social media

Coco Gauff writes 'RIP TikTok USA' on camera lens following U.S. government ban

Perplexity AI submits bid to merge with TikTok US

Perplexity AI makes a bid to merge with TikTok U.S.

TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell

U.S. Steel and Nippon Sue Biden Over Blocked Merger

U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision

U.S. Steel, Nippon file lawsuits over Biden's block of merger

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