Bushcrafters: A Proposal to Address National Security Concerns with TikTok (Note: The title does not have an explicit label such as "" or "", but it appears that this is the main heading of the article.)

Here is the edited blog post: Bushcrafters: A Proposal to Address National Security Concerns with TikTok A revised proposal from Perplexity AI has been presented to ByteDance, the parent company of TikTok, which could see the US government owning up to 50% of a new entity merging Perplexity with TikTok's US business. This development comes in response to the Trump administration's concerns over national security and data privacy. A New Proposal The original proposal, submitted on January 18, aimed to create a new structure by merging San Francisco-based Perplexity with TikTok's US business and incorporating investments from other investors. However, this revised proposal takes it further, allowing the US government to own up to half of the new entity once it makes an initial public offering (IPO) of at least $300 billion. Government Ownership: A Limited Role Sources familiar with the matter indicate that the US government would not have voting power and would not hold a seat on the new company's board. This means while the government would have a significant stake in the company, it would not have direct control over its operations. TikTok's Algorithm: Separating from ByteDance Under this proposal, ByteDance would contribute TikTok's US business without its proprietary algorithm, which drives what users see on the app. This would allow the new entity to operate independently of ByteDance and China, while still leveraging the popularity and user base of TikTok. A Strategy for Success: Diluting Chinese Ownership The proposal appears to mirror a strategy discussed by Steven Mnuchin, former Treasury Secretary under Trump's first term. Mnuchin suggested that a new investor in TikTok could simply "dilute down" the Chinese ownership and satisfy the law. This approach would allow ByteDance to maintain some control over its US business while meeting national security concerns. Investor Interest: A Deal in Sight The proposal comes as several investors are expressing interest in TikTok. President Trump has stated that he expects a deal will be made within 30 days, and several other investors have also shown interest in the platform. Implications for Bushcrafters As the world of bushcraft continues to evolve, it is essential for practitioners to stay informed about the latest developments and trends. Understanding this proposal and its implications can help guide decision-making processes for those looking to improve their skills or start a new business venture. Conclusion In conclusion, the revised proposal presented by Perplexity AI offers a potential solution to concerns surrounding TikTok's ownership structure and national security risks. By allowing the US government to own up to 50% of a new entity, this approach could help satisfy these concerns while enabling ByteDance to maintain some control over its US business. Additional Resources For more information on bushcraft and related topics, please visit our additional resources section. This section provides links to relevant articles, videos, and podcasts that can continue your learning journey. Key Takeaways Perplexity AI has presented a revised proposal to ByteDance, allowing the US government to own up to 50% of a new entity. The proposal would create a new structure by merging Perplexity with TikTok's US business and includes investments from other investors. The US government would not have voting power or a seat on the new company's board. By understanding this proposal, bushcrafters can better navigate the complex world of online platforms and their implications for our community.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.