Perplexity AI has revised its merger proposal to ByteDance, the parent company of TikTok, to include a provision allowing the ...
Perplexity AI revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could ...
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...
Perplexity AI has revised its merger proposal with ByteDance to allow the US government to own 50% stake in the new company.
Perplexity AI search startup has a new proposal to merge with TikTok, which would give the US government a stake of up to 50% ...
Perplexity AI reportedly modified a proposed merger offer for ByteDance's TikTok US, with the US government to take a 50 per ...
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
Perplexity AI has reportedly revised its initial offer to merge with TikTok — this time with a carveout to give the U.S.
Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised ...
Perplexity AI proposes a merger with TikTok U.S., offering a new U.S. holding company where the U.S. government would own up to 50% post-IPO, excluding TikTok's core algorithm. The proposal aims to ...
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...
A key provision in the revised proposal includes the potential for the US government to own up to 50 per cent of the new ...