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.
"You're ignoring the major concern here" of China manipulating content through TikTok's industry-envied algorithm and harvesting user data, Chief Justice John Roberts tells TikTok lawyer, Trump's former solicitor general.
Claims that TikTok had been sold circulated after the app went dark in response to a U.S. federal ban, then returned a short time later.
BEIJING (Reuters) - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
Sen. Mark Kelly (D-Ariz.) said Sunday he is aware that the possible TikTok ban “is controversial,” yet the app “has a national security risk to it.” “I imagine [there’s going to] be a
A majority of the justices appeared more concerned about the national security implications of the popular app’s Chinese ownership than about the restrictions on free speech the law would impose.
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.
(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 ...
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.