Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised ...
Kevin O’Leary’s $20B TikTok offer is rejected as ByteDance confirms it won’t sell the key technology behind the app’s success ...
Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...
Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated ...
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...
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 ...
The revised plan outlines the creation of a new US holding company, "NewCo." Under this proposal, ByteDance would divest ...
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...
Perplexity AI has proposed merging with TikTok's US operations, allowing the US government to own up to 50% of the new entity ...
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...