Even though the President did not mention which four companies are involved, he did mention that a 'lot of people want it' and 'all options were good'
Social media companies use complex algorithms to prioritise content and keep users engaged
Last year, the company laid off hundreds of employees from its global workforce, including a large number of staff in Malaysia as it shifts focus towards a greater use of AI in content moderation
On Sunday, the South Korean government temporarily halted new downloads of DeepSeek due to concerns over its data collection practices
The two companies had removed TikTok in the US last month to comply with a law passed in 2024
The move follows weeks of uncertainty about TikTok's future, and there's still no guarantee that it will survive in the US in the long run
He made the comments - his first on the topic of him buying TikTok - at a conference in Germany hosted by Mathias Doepfner
Apple and Google have not reinstated TikTok to their app stores since a US law took effect on January 19 requiring its Chinese owner ByteDance either to sell on national security grounds or face ban
China is likely to take a hard-line approach, letting TikTok's US operations die rather than approving a sale, as it holds out for a "grand deal" with Trump's administration
This AI framework is designed to generate lifelike human motion and speech from minimal input-just an image and an audio sample-solving a key challenge in AI-driven video creation
President Donald Trump on Monday signed an executive order directing the US to take steps to start developing a government-owned investment fund that he said could be used to profit off of TikTok if he's successful at finding it an American buyer. Trump signed an order on his first day office to grant the Chinese-owned TikTok until early April to find a domestic partner or buyer, but he's said he's looking for the US to take a 50% stake in the massive social media platform. He said Monday in the Oval Office that TikTok was an example of what he could put in a new US sovereign wealth fund. We might put that in the sovereign wealth fund, whatever we make or we do a partnership with very wealthy people, a lot of options, he said of TikTok. But we could put that as an example in the fund. We have a lot of other things that we could put in the fund. Trump noted many other nations have such investment funds and predicted that the US could eventually top Saudi Arabia's fund size. Eventuall
It remains unclear if Tinsley and his investor group will be serious contenders for what are shaping up to be competitive and fast-evolving negotiations
As TikTok faces a potential sale, US President Trump pushes for the US to own 50% in a joint venture. With Microsoft leading talks, a bidding war heats up, and new contenders emerge
Perplexity AI has presented a new proposal to TikTok's parent company that would allow the US government to own up to 50% of a new entity that merges Perplexity with TikTok's US business, according to a person familiar with the matter. The proposal, submitted last week, is a revision of a prior plan the artificial intelligence startup had presented to TikTok's parent ByteDance on Jan. 18, a day before the law that bans TikTok went into effect. The first proposal, which ByteDance hasn't responded to, sought to create a new structure that would merge San Francisco-based Perplexity with TikTok's US business and include investments from other investors. The new proposal would allow the U.S. government to own up to half of that new structure once it makes an initial public offering of at least $300 billion, said the person, who was not authorized to speak about the proposal. The person said Perplexity's proposal was revised based off of feedback from the Trump administration. If the pla
Earlier, Trump had expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring the Chinese social media platform
The privately held technology giant plans to spend about half of the amount abroad on AI-related infrastructure, primarily data centres and networking equipment
Mr Trump has sought to give a reprieve to the Chinese-owned TikTok, the popular video-sharing app, which had been banned from the US, a ban upheld by the Supreme Court
Meta is offering up to $5,000 in bonuses to creators who switch from TikTok to Facebook and Instagram. The deal includes access to monetisation tools and a free trial of Meta Verif
In the moment when her world shattered three years ago, Stephanie Mistre found her 15-year-old daughter, Marie, lifeless in the bedroom where she died by suicide. I went from light to darkness in a fraction of a second, Mistre said, describing the day in September 2021 that marked the start of her fight against TikTok, the Chinese-owned video app she blames for pushing her daughter toward despair. Delving into her daughter's phone after her death, Mistre discovered videos promoting suicide methods, tutorials and comments encouraging users to go beyond mere suicide attempts. She said TikTok's algorithm had repeatedly pushed such content to her daughter. It was brainwashing, said Mistre, who lives in Cassis, near Marseille, in the south of France. They normalized depression and self-harm, turning it into a twisted sense of belonging. Now Mistre and six other families are suing TikTok France, accusing the platform of failing to moderate harmful content and exposing children to ...
Trump suggested all electronic products manufactured in China could carry a spying risk, adding that TikTok's was not the most serious of them