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 ...

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 AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own 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 ...

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 is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...

Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...