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Tiktok, US government
Perplexity AI proposes to merge with Tiktok, with US government getting half, source says
U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok U.S., a person familiar with the proposal told Reuters on Sunday.
New bid for TikTok from Perplexity AI could give US government 50% stake
WASHINGTON (AP) — Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter.
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, “NewCo.”
3d
Perplexity AI revises merger proposal with TikTok, offers 50% equity to US, ByteDance to retain algorithm: Report
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...
2d
Perplexity AI proposes TikTok merger; part U.S. government ownership
A new TikTok proposal is on the table. Perplexity AI has proposed a merger that would give the U.S. government a 50% ...
2d
If Perplexity AI Can’t End The TikTok Ban, Here’s What Brands Can Do
Whether TikTok stays with Perplexity AI's backing or goes, without that juicy algorithm ByteDance doesn’t seem willing to ...
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