Potential buyers for TikTok US include MrBeast, Kevin O'Leary, Frank McCourt's Project Liberty and Perplexity AI, who bid a merger instead of a sale,
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
President-elect Donald Trump says he “most likely” will give TikTok 90 more days to work out a deal that would allow the popular video-sharing platform to avoid a U.S. ban
Leaders at Oracle, the main cloud computing provider for TikTok's U.S. operations, have told some staff to prepare to shut down servers that host U.S. TikTok data as soon as 9 p.m. ET on Saturday (0200 GMT on Sunday) in advance of a U.
TikTok is an AI app. Not an “ask a bot to do your homework” kind of AI app, but an AI app all the same: Its algorithm processes and acts upon huge amounts of data to keep users engaged. Without that fundamental, freakishly well-tuned technology, TikTok wouldn’t really be anything at all—just another video or shopping platform.
But the model is only meant to be used within China’s mainland, a ByteDance spokesperson told TechCrunch. The e-reader’s China-based manufacturer, Onyx International, which sells Boox e-readers in both China and to the U.
A merger with TikTok may give Perplexity access to a vast user base and a wealth of data that would feed its AI-driven search engine
Apple and Google removed TikTok from their app stores Saturday, complying with a law requiring China's ByteDance to divest the social app or see it face an effective ban in the U.S.
The shutdown comes a day after the Supreme Court ruled in favor of a law barring TikTok from U.S. consumers citing threats to national security. President Joe Biden signed legislation in April requiring TikTok to be sold by its owner, Chinese company ByteDance, or face a ban.
Users on the app were saying their goodbyes, some filming themselves frantically scrolling or sharing final secrets with their followers ahead of the possible ban.
The search engine platform Perplexity AI submitted a bid to merge with TikTok on Saturday, a source familiar told The Hill. The move follows a Friday Supreme Court ruling that upheld the decision