Perplexity AI wants to buy TikTok — and give the U.S. government a big stake
Perplexity AI has reportedly revised its initial offer to merge with TikTok — this time with a carveout to give the U.S.
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.” ...
Perplexity AI’s new TikTok merger plan could see US govt owning 50% stake
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 ...
The Week14d
Revised Perplexity AI bid for TikTok US stake might give American govt part-ownership
Latest media reports suggest that Donald Trump-led administration could buy up to half of the entity post IPO if TikTok US ...
Trump pushes for 50% US ownership in TikTok, Microsoft leads talk
As TikTok faces a potential sale, US President Trump pushes for the US to own 50% in a joint venture. With Microsoft leading ...
Leadership13d
Perplexity AI TikTok Merger Proposal with 50% US Stake
Perplexity AI revises its TikTok merger proposal, offering 50% U.S. ownership. Know the latest developments in the deal and ...
Xiaohongshu (RedNote), China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok's looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called ...
Perplexity AI's New TikTok Merger Offer Could Give U.S. Government 50% Stake
AI startup's updated ByteDance deal introduces NewCo, with TikTok U.S. oversight and potential government equity participation ...