A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...
U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ...
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 submitted a revised merger proposal to TikTok’s Chinese parent ByteDance as the popular video-sharing app ...
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...
In a bold move, Perplexity AI, a U.S.-based search engine startup, has submitted a proposal to merge with TikTok's U.S.
Perplexity AI revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could ...
Perplexity AI has submitted an offer to ByteDance (BDNCE) to merge with TikTok U.S., a source familiar with the matter told Seeking Alpha, marking the latest bid for the social media app that was ...
Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised ...
excluding TikTok's core recommendation algorithm, which ByteDance intends to retain. The envisioned IPO for the new entity is expected to value it at a minimum of $300bn. Perplexity AI has also ...
Perplexity AI has presented a new proposal to TikTok ... The government also would not get a seat on the new company’s board. ByteDance and TikTok did not immediately responded to a request ...
The revised plan reportedly includes provisions for the US government to receive stock in the new company once Perplexity AI ...