Monday, 9 Jun 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • House
  • White
  • VIDEO
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Colossal
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Tech and Science > Perplexity submits a new bid for TikTok
Tech and Science

Perplexity submits a new bid for TikTok

Last updated: January 26, 2025 6:47 pm
Share
Perplexity submits a new bid for TikTok
SHARE

Perplexity AI Submits Revised Proposal to Merge with TikTok

Perplexity AI has put forth a new proposal to merge with TikTok, with a unique arrangement that could potentially give the U.S. government up to 50 percent ownership of the combined entity. This development was first reported by The Associated Press and has been confirmed by sources familiar with the bid.

Previously, the AI search engine had suggested the creation of a new company by merging Perplexity, TikTok US, and other equity investors. However, the revised bid now includes a provision for the government to acquire its stake post an initial public offering worth at least $300 million. ByteDance, the current Chinese owner of TikTok, may also retain ownership under this new proposal.

The decision to amend the bid was influenced by feedback from President Donald Trump’s administration. This move comes in the wake of a recent incident where TikTok faced a temporary shutdown due to regulatory pressures on ByteDance to sell the app or face a ban in the U.S. Fortunately, the app was revived after Trump announced his intention to extend the sale deadline through an executive order. He also expressed interest in seeing the U.S. acquire “50% ownership” of TikTok, although the specifics of this ownership remain unclear.

Recent reports have suggested that negotiations are underway for Oracle, an existing provider of TikTok’s U.S. infrastructure, to take over the app. When questioned about these talks, Trump mentioned having discussions with various parties regarding TikTok but denied direct communication with Oracle.

See also  Bluesky may soon add blue check verification
TAGGED:BidPerplexitysubmitsTikTok
Share This Article
Twitter Email Copy Link Print
Previous Article New Tool For Gene Editing And Therapy New Tool For Gene Editing And Therapy
Next Article Crafting Resistance Through Masquerade Crafting Resistance Through Masquerade
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Meet MAGA Supporter Ashley St. Clair — Musk’s Alleged New Baby Mama

Elon Musk Allegedly Fathered a Child with Conservative Influencer Ashley St. Clair On February 14,…

February 20, 2025

Biden pardons high-ranking Chinese spies

President Biden recently granted clemency to two Chinese spies and a relative of a high-ranking…

December 13, 2024

Trump Administration Is Sued Over Push to Dismantle Education Department

The Trump administration’s controversial campaign to dismantle the Education Department has sparked a legal battle,…

March 26, 2025

Snow days set to disappear across much of the US

Snowy Days in the US Could Disappear Due to Climate Change A white-tailed jackrabbit (Lepus…

December 29, 2024

‘One Of The Most Complex Diseases In Medicine:’ What We Still Don’t Know About Parkinson’s Disease

April is Parkinson’s Awareness Month, shining a light on a disease that affects about one…

April 22, 2025

You Might Also Like

The chilling discovery that nerve cells help cancers grow and spread
Tech and Science

The chilling discovery that nerve cells help cancers grow and spread

June 9, 2025
The chilling discovery that nerve cells help cancers grow and spread
Tech and Science

The chilling discovery that nerve cells help cancers grow and spread

June 9, 2025
New Smart Dental Floss Can Detect Your Stress From Saliva : ScienceAlert
Tech and Science

New Smart Dental Floss Can Detect Your Stress From Saliva : ScienceAlert

June 9, 2025
A Blockbuster ‘Muon Anomaly’ May Have Just Disappeared
Tech and Science

A Blockbuster ‘Muon Anomaly’ May Have Just Disappeared

June 9, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?