On Sunday, Perplexity AI submitted a revised merger proposal to TikTok-owner ByteDance, reviewed by CNBC, which sources told AP News included feedback from the Trump administration. If the plan is ...
(Reuters) - Perplexity AI revised the merger proposal it had submitted to TikTok parent ByteDance, CNBC reported on Sunday.
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 ...
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo." The document proposes ByteDance ...
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a ...