
New bid for TikTok could give U.S. government 50% stake
WASHINGTON — Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter. What You Need To Know The proposal, submitted last week, is a…