The revised plan outlines the creation of a new US holding company, "NewCo." Under this proposal, ByteDance would divest ...
The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup had presented to ...
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...
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 ...
According to Reuters, the deal being negotiated by the White House would see ByteDance retaining a stake in the company — ...
Q: Can the President intervene to save TikTok with an executive order? A. TikTok is a social media platform that permits the ...
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...