Jeff Bezos-backed Perplexity AI has proposed merging with TikTok's U.S. operations, offering the U.S. government a 50% stake via a $300 billion IPO while allowing ByteDance to retain ties without the proprietary recommendation algorithm.
By merging with the U.S. arm of TikTok, Perplexity could emerge as a stronger search rival to Alphabet, a potential blow to Google stock.
(L-R) Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, and Sundar Pichai at the inauguration ... order today that will extend the deadline for ByteDance, the app’s China-based owner, to divest ...
The app has repeatedly name checked the president-elect in pop-up messages and statements, as it navigates a ban in the United States unless it is sold to a non-Chinese owner.
Shou Chew will join tech moguls like Mark Zuckerberg and Elon Musk at President-elect Donald J. Trump’s inauguration as the fate of the app hangs in the balance.
President Donald Trump's inauguration was packed with the ultra-rich, some seated closer to the incoming president than his incoming cabinet. The personal net worth of just three of these people combined (Mark Zuckerberg,
TikTok CEO Shou Chew is expected to accept an invitation from President-elect Donald Trump to attend his inauguration.
As TikTok faces a potential ban, various bidders, including Elon Musk and Larry Ellison, are key contenders to buy the platform. Meanwhile, Netflix remains a possible option among streaming giants, though the company has not historically pursued major acquisitions.
The biggest tech leaders of Silicon Valley got a front-row seat at President Donald Trump’s inauguration on Monday. There has been a sudden support this administration has
WASHINGTON – US tech multi-billionaires – including Mr Elon Musk, Mr Mark Zuckerberg and Mr Jeff Bezos – were given prime positions at Mr Donald Trump’s inauguration on Jan 20, in an unprecedented demonstration of their power and influence.
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.
Many MAGA fans at the U.S. Capitol on Monday were skeptical of Meta CEO Mark Zuckerberg and Amazon's Jeff Bezos suddenly backing Trump.