U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ...

Perplexity AI revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could ...

Perplexity AI has updated its merger proposal with TikTok's parent company, ByteDance, adding a new dimension to the plan ...

The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

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

Perplexity AI has revised its merger proposal with ByteDance to allow the US government to own 50% stake in the new company.

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...

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 ...

This restructuring aims to address regulatory concerns and pave the way for a valuation of at least $300 billion during the IPO. As per documents shared with ByteDance and political investors ...

US search engine start-up Perplexity AI has revised the merger proposal it had submitted to TikTok’s Chinese parent ByteDance ...

Perplexity AI has revised its merger proposal for TikTok, to include a provision allowing the US government to own up to 50% ...

Under the new terms, the US government would be offered up to 50% of the new company in a future IPO at a valuation of at least $300 billion. Perplexity is also proposing that ByteDance keep its ...