Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...
If the plan is successful, the shares of TikTok owned by the government would not have voting power, the person said.
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
The Trump administration is denying it, but Trump previously said he'd like to see the software company take it over.