• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Major Deal: Perplexity AI and TikTok US on the Path to Merger

user avatar

by Giorgi Kostiuk

6 months ago


Perplexity AI is negotiating a merger with TikTok US. The company has significantly raised its market value and proposes a partnership that could address several issues.

Perplexity AI and TikTok Merger

Perplexity AI startup has proposed to merge with TikTok's US division by submitting a proposal to ByteDance, the owner of TikTok. The merger plans to create a new major company involving other financial backers. It is known that the deal's value could exceed $50 billion.

TikTok's Future in the US

The future of TikTok in the US is uncertain due to the lack of support from the Biden administration. President-elect Donald Trump, taking office shortly, stated he would 'most likely' grant TikTok an additional 90 days to find a solution, which could include Perplexity AI's offer as a possible option.

Political Influence and Security

US authorities are concerned about security due to TikTok's Chinese origins. Congress mandated ByteDance to either sell TikTok or face a complete ban. However, ByteDance insists on the app's independence from the Chinese government.

The merger of Perplexity AI and TikTok US could solve issues related to security and regulation, keeping the app accessible to users in the US.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Algorand (ALGO) Aiming for $0.50: Current Trend Analysis

chest

Algorand (ALGO) price changes after a long decline. Current analysis indicates bullish trends and potential support levels.

user avatarGiorgi Kostiuk

Explore Potential Altcoins: BlockDAG, Chainlink, XRP, and Cardano

chest

Overview of BlockDAG, Chainlink, XRP, and Cardano, their features and relevance in the market.

user avatarGiorgi Kostiuk

WLFI Token Prepares for Trading with $16 Billion Market Valuation

chest

The WLFI token, tied to a DeFi initiative, is set to debut on exchanges with a valuation of $16 billion. Negotiations for exchange listings are ongoing.

user avatarGiorgi Kostiuk

Latest News on Pi Network, Binance Coin, and BlockDAG in the Crypto Space

chest

An overview of the current state of Pi Network, Binance Coin, and BlockDAG in the cryptocurrency market.

user avatarGiorgi Kostiuk

Crypto News: BlockDAG, Mantle, and Ethereum Show Growth

chest

BlockDAG partners with Seattle Seawolves, while price predictions for Mantle and Ethereum turn positive.

user avatarGiorgi Kostiuk

BlockDAG Launches with 7-Day Access Window, VeChain Stays Flat, Pi Coin Drifts

chest

BlockDAG offers unique early access to coins upon launch as VeChain and Pi Coin stabilize at their levels.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.