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.

Last year, when CFIUS told ByteDance to sell TikTok ... a vice president and senior equity analyst at CFRA Research, told CNBC that it's possible that TikTok's U.S.-only business "could fetch ...

TikTok's Chinese owner ByteDance (BDNCE) on Sunday denied reports ... TikTok would only empower Meta Platforms' (META) Facebook, CNBC reported. "Without TikTok, you can make Facebook bigger ...

CNBC's Deirdre Bosa joins 'The Exchange' with the latest details on the AI race between the U.S. and China. Trump Slaps Colombia With 25% Tariffs, Sanctions in Migrant Dispute 12 False Facts About ...

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 ...

On Saturday, Perplexity AI submitted a bid to TikTok's parent company ByteDance to create a new merged entity combining Perplexity, TikTok U.S. and new capital partners, CNBC learned. First ...

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 ...