Speaking to CNBC, he said the proposed deal did not include ByteDance's TikTok algorithm, which has been a key point of scrutiny from U.S. lawmakers, adding that his group had its own alternative.

(Bloomberg) -- Perplexity AI submitted a bid to TikTok parent ByteDance Ltd., to merge with its US operations and create a new entity, according to a person with knowledge of the matter.

The report, which cited details a contract offered to a creator that CNBC saw, said Meta is taking advantage of ByteDance’s (BDNCE) TikTok app being unavailable from Apple and Google’s app ...

Under his proposed plan, the platform would offer payment tiers for users to buy into the platform as “founding members.” ...

Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create a new entity combining Perplexity and TikTok U.S., would now also ...