WASHINGTON (AP) — Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government ...

Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised ...

The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...

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 ...

There are reports that the United States government is looking to bring in software firm Oracle and US investors to take over ...

Perplexity AI proposes to merge with TikTok to address national security concerns raised by the U.S. government. Perplexity AI, a U.S.-based search engine startup, has revised its merger proposal for ...

Under new plan, US government would acquire its stake during entity's initial public offering, which could be valued at $300B ...

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 ...

A potential deal to restructure TikTok’s ownership could reshape its global operations, minimising Chinese influence while ...

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% equity during an IPO valued at $300 billion. ByteDance would sell TikTok US ...

Congress voted to ban TikTok out of concern that TikTok's ownership structure represents a security risk, a ban upheld by the ...