Jeff Bezos-Backed Perplexity AI Launches New Bid for TikTok’s U.S. Operations
Jeff Bezos-backed Perplexity AI has sent a revised proposal to ByteDance, the parent firm of TikTok, allowing the U.S. government to own up to 50% of a new company that would merge Perplexity with TikTok’s U.S. business. According to the proposal, ByteDance must permit complete U.S. board control while maintaining certain linkages to TikTok, while…
