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The TikTok ban clears key hurdle while Perplexity AI continues to shake up search | TechCrunch

Apr 24, 2024 - news.bensbites.com
A bill that could potentially force a sale or ban of TikTok in the United States has passed the Senate, with the President expected to sign it. This comes amidst China's refusal to allow a sale of the social media company, which is based in Singapore but owned by Chinese company ByteDance. This development puts the future of TikTok in the United States in jeopardy.

In other news, two AI startups in Europe are gaining attention, with Perplexity AI raising significant funds and altering its operating plans. The Framework laptops company has also raised more capital, while Pony.AI is considering a U.S. IPO and Volition Capital is expanding. The Equity podcast, TechCrunch’s flagship, discusses these topics and more.

Key takeaways:

  • A bill that would force a sale of TikTok or ban it in the United States has passed the Senate and is expected to be signed by the President.
  • Two AI startups in Europe are making significant progress, indicating a good time for AI startups.
  • Framework laptops has raised more capital, Pony.AI is considering a U.S. IPO, and Volition Capital is expanding.
  • Equity, TechCrunch’s flagship podcast, posts every Monday, Wednesday and Friday and is available on various platforms including Apple Podcasts, Overcast, Spotify.
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