The revised plan outlines the creation of a new US holding company, "NewCo." Under this proposal, ByteDance would divest ...

Perplexity AI has revised its merger proposal for TikTok, to include a provision allowing the US government to own up to 50% ...

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% equity during an IPO valued at $300 billion. ByteDance would sell TikTok US ...

In 2024, the company, also known as TSMC, gained 90% -- essentially doubling the company's market cap from roughly $500 ...

A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...

TikTok and President Donald Trump are reportedly in talks with Microsoft and Oracle to buy the social media app.

Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated ...

Oracle would reportedly control TikTok's data collection, algorithm, and software updates, but Chinese owner ByteDance would ...

The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the ...

Last week, President Donald Trump paused TikTok's nationwide ban in the U.S., after the Supreme Court ordered it be shut down due to national security concerns over its ties to the Chinese government.

Social media titan TikTok is under pressure to sell its operations, owing to laws passed by U.S. Congress. Could Microsoft ...

Oracle and a group of investors that includes Microsoft are in talks to take over TikTok’s global operations, reports NPR.