Trump’s reported plans to save TikTok may violate SCOTUS-backed law
There's no telling yet if Trump's plan can set up a better version of Project Texas or convince China to sign off on a TikTok ...
US-owned Perplexity AI offers new plan to take a half-share in TikTok
The proposal, submitted last week, is a revision of an earlier plan the artificial intelligence startup presented to TikTok's ...
Perplexity AI’s new TikTok merger plan could see US govt owning 50% stake
Perplexity AI has revised its merger proposal for TikTok, to include a provision allowing the US government to own up to 50% ...
newsbytesapp.com5d
Perplexity's revised TikTok merger plan includes 50% US government ownership
The revised plan outlines the creation of a new US holding company, "NewCo." Under this proposal, ByteDance would divest ...
The Financial Express4d
Perplexity AI proposes TikTok merger with 50% stake for US government: Source
According to a source cited by Reuters, the updated plan proposes the formation ... of at least $300 billion during the IPO. As per documents shared with ByteDance and political investors ...
KTVU FOX 2 San Francisco on MSN4d
AI startup's plan would include 50% U.S. government ownership of TikTok
Perplexity AI has presented the new proposal to Byte Dance, TikTok’s parent company, as the organization searches for a U.S.
Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from ...
devdiscourse5d
Perplexity AI's Bold Bid: Merging with TikTok U.S.
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 ...
Meta gets a reprieve; Infra.Market’s pre-IPO dough
Infra.Market reported Rs 14,530 crore in revenue for FY24, 22% higher than the previous fiscal. Its profit after tax (PAT) ...