Perplexity AI has reportedly revised its initial offer to merge with TikTok — this time with a carveout to give the U.S.
Perplexity AI has revised its merger proposal to ByteDance, the parent company of TikTok, to include a provision allowing the US government to own up to 50% of the new entity following an IPO, CNBC ...
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.” ...
As TikTok faces a potential sale, US President Trump pushes for the US to own 50% in a joint venture. With Microsoft leading ...
Latest media reports suggest that Donald Trump-led administration could buy up to half of the entity post IPO if TikTok US ...
Perplexity AI revises its TikTok merger proposal, offering 50% U.S. ownership. Know the latest developments in the deal and ...
AI startup's updated ByteDance deal introduces NewCo, with TikTok U.S. oversight and potential government equity participation ...