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Bid for TikTok could give US Government a 50% stake
New TikTok Bid Could Give US Government 50% Stake
The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could acquire up to a 50 percent nonvoting stake after a public offering valued at $300 billion or more. ByteDance would maintain equity in the new entity but cede control to a U.S. board.
Perplexity AI Wants to Merge With TikTok, Give Government Half of the Company
TikTok, which faces the ticking clock of a ban enforcement, is being pursued by several suitors for a US merger or sale.
Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
Trump, government Watch Dogs
Trump presses pause on parts of the federal government
Heads of federal agencies turned Trump’s executive orders into mandates to cut communication with outside parties, halt most foreign aid, and pause legal filings.
Trump fires at least a dozen government watchdogs
Democrats described Trump's late-night firing of the federal agency inspectors general as an 'attack on Democracy'.
Trump fires 17 government watchdogs at various federal agencies
President Donald Trump fired more than a dozen government watchdogs late Friday in a move that appears to have violated federal law requiring him to notify Congress.
AI, Paul McCartney and UK Government
Don't Let AI 'Rip Off' Artists, Beatles Star McCartney Warns UK Government
Beatles musician Paul McCartney has warned that artificial intelligence could be used to "rip off" artists, urging the British government to make sure upcoming copyright reforms protect its creative industries.
Paul McCartney: Don't let AI rip off artists
Sir Paul McCartney has told the BBC proposed changes to copyright law could allow "rip off" technology that might make it impossible for musicians and artists to make a living. The government is considering an overhaul of the law that would allow AI developers to use creators' content on the internet to help develop their models,
Paul McCartney Warns UK Government Over AI Copyright Threat
Paul McCartney urged the UK government Sunday to protect creative artists from AI as ministers consult on changing copyright laws, warning technology should not be used to "rip off" musicians.
17h
Trump directs US government to override California water policies if necessary
Trump has falsely claimed that Democratic Governor Gavin Newsom and other officials refused to provide water from the ...
1d
on MSN
Government workers dismayed by Trump's return-to-office mandate
The Trump administration has said that just 6% of federal employees now work in person. But according to an August report ...
8h
In China, Government Data on Drugs Blocked From Public After Backlash
Criticism over how the Chinese government buys drugs for its public health care system has ignited frustration over the ...
2d
on MSN
Swaths of U.S. Government Grind to a Halt After Trump Shock Therapy
Rescinded job offers, delayed health updates and confusion over cutting government checks have upended business as usual ...
12h
Gaming start-ups call for more government money
More government help is needed to fund start-up companies in the computer games industry, the head of a leading gaming firm ...
2d
Musk Plan for Retooling Government Takes Shape, but Big Questions Loom
The rebranding of a former White House digital office into the new Department of Government Efficiency signals its potential ...
9h
Russian government advisers warn of corporate bankruptcies wave
Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total ...
23h
Liz Weston: Government pension offset changes to Social Security are coming, but will take time
Those who applied for Social Security and were denied due to government pension offset rule or windfall elimination provision ...
2d
on MSN
Government websites suddenly went down this week. Here's what the White House has said about it.
Shortly after President Donald Trump took office, several federal websites and webpages for diversity measures and ...
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