Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...
Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised ...
Perplexity AI proposes a merger with TikTok U.S., offering a new U.S. holding company where the U.S. government would own up to 50% post-IPO, excluding TikTok's core algorithm. The proposal aims to ...
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...
Others who have reportedly considered buying TikTok include Elon Musk, real estate billionaire Frank McCourt, and Shark Tank ...
Last week, President Donald Trump paused TikTok's nationwide ban in the U.S., after the Supreme Court ordered it be shut down due to national security concerns over its ties to the Chinese government.
It seems Oracle isn’t the only name that is engaged in the talks; Microsoft is also one of them. The tech giant is reportedly ...
The Chinese government has also earlier indicated that they will not allow ByteDance, TikTok’s owner, to export its algorithm, which is the heart of TikTok and what makes it so powerful.
This personalized revel in is what makes TikTok so addictive. When you scroll through the FYP, the algorithm evaluates limitless elements to determine which films to show. The system constantly ...