#TikTok goes dark in the US

#TikTok goes dark in the US

TikTok has gone dark in the U.S., the result of a federal law that bans the popular short-form video app for millions of Americans — at least for now. TikTok users began receiving a message about the ban around 10:30 p.m. Eastern. As of Saturday evening, the app was also no longer available in the…

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#FTC says partnerships like Microsoft-OpenAI raise antitrust concerns

#FTC says partnerships like Microsoft-OpenAI raise antitrust concerns

The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,…

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#Perplexity AI submits bid to merge with TikTok

#Perplexity AI submits bid to merge with TikTok

With a TikTok ban looming in the United States, Perplexity AI is the latest bidder hoping to give the video app a new corporate home. CNBC first reported on Perplexity’s interest. A source with knowledge of the offer confirmed to TechCrunch that Perplexity (whose CEO Aravind Srinivas is pictured above) has submitted a bid to…

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#China is reportedly open to Elon Musk acquiring TikTok US

#China is reportedly open to Elon Musk acquiring TikTok US

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk…

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