President Donald Trump said Monday that TikTok could be acquired by a newly proposed US sovereign wealth fund.
Perplexity AI has submitted a revised proposal to merge with TikTok in an arrangement that would give the U.S. government up ...
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.” ...
U.S. President Donald Trump told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to ...
It’s not clear where the money to create the sovereign wealth fund is coming from, but Treasury Secretary Scott Bessent said ...
ByteDance's TikTok will invest 126.8 billion baht ($3.76 billion) in Thailand in a data hosting service, the Thai investment ...
San Francisco's Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization ...
Microsoft, which declined to comment on the president’s remarks, had discussed buying TikTok in 2020, when Trump tried to ...
The new wealth fund could be used to finance major government projects and fund strategic investments in critical areas like supply chains.
President Trump on Monday said Microsoft is one of the technology companies eyeing TikTok to keep the app in the United ...
Srinivas told Fox News that the deal would "check all the boxes for investors and President Donald Trump, including an ...