The new proposal from Perplexity AI, the artificial intelligence search engine startup, could give US government 50 per cent ...
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 proposal calls for the U.S. government to own up to 50% of the new company upon a future initial public offering.
The revised plan outlines the creation of a new US holding company, "NewCo." Under this proposal, ByteDance would divest ...
Under the plan, TikTok’s parent company, ByteDance, would not have to completely cut ties with TikTok, a favorable outcome ...