So, Perplexity AI has decided to play matchmaker and is trying to merge with ByteDance. Because, you know, who doesn’t want to mix their algorithms with a side of viral dance challenges? 💃
They’re cooking up a little something called “NewCo” – which sounds like a trendy coffee shop, but it’s actually a new U.S. company that’s going to combine TikTok’s U.S. operations with Perplexity AI. I mean, what could possibly go wrong? 🤔
ByteDance is planning to sell TikTok’s U.S. operations to a group of investors. They’ll get a slice of NewCo pie, while the TikTok algorithm stays with ByteDance. Because, obviously, we can’t let just anyone have access to the secret sauce that makes people dance like no one’s watching! 🕺
According to the gossip mill, aka Reuters, the U.S. government could snag up to 50% ownership of NewCo after an IPO, provided it hits a cool $300 billion valuation. No biggie, right? Just a casual billion here and there. 💸
And guess what? TikTok is back in the U.S. after President Trump decided it was time for a comeback tour. Apparently, the app’s operations were on a break due to some national security drama. Who knew TikTok was so high-stakes? 🎭
Trump has promised that a decision on TikTok’s future will be made in thirty days. The White House and ByteDance are playing coy and haven’t commented on this latest twist. CNBC was the first to spill the tea, so kudos to them! ☕
This whole proposal is like a reality show for TikTok’s American operations, tackling security concerns while trying to keep users glued to their screens. Investors and users alike are watching this drama unfold with popcorn in hand. 🍿
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2025-01-27 09:24