A new bidder has emerged to buy the U.S. business of TikTok with a proposal that would see the government own a stake in the ...

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

Kevin O’Leary’s $20B TikTok offer is rejected as ByteDance confirms it won’t sell the key technology behind the app’s success ...

The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could ...

Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated ...

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% ...

Under new plan, US government would acquire its stake during entity's initial public offering, which could be valued at $300B ...

Perplexity AI proposes to merge with TikTok to address national security concerns raised by the U.S. government. Perplexity AI, a U.S.-based search engine startup, has revised its merger proposal for ...

Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% equity during an IPO valued at $300 billion. ByteDance would sell TikTok US ...

TikTok remains unavailable on Google and Apple’s app stores in the U.S. It can't be downloaded and users who still have the ...

A potential deal to restructure TikTok’s ownership could reshape its global operations, minimising Chinese influence while ...

Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ...