A key provision in the revised proposal includes the potential for the US government to own up to 50 per cent of the new ...

A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...

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

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.

AI startup's updated ByteDance deal introduces NewCo, with TikTok U.S. oversight and potential government equity ...

Perplexity AI updated its merger proposal with TikTok's parent company, ByteDance. The new agreement includes a provision allowing the U.S. government to acquire up to 50% ownership of the new entity ...

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

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

Perplexity AI has reportedly revised its initial offer to merge with TikTok — this time with a carveout to give the U.S.

Perplexity AI has proposed a revised plan to merge with TikTok's US operations, creating a new entity that would allow the US ...

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