The deal which has been proposed to TikTok's parent company ByteDance would be to merge Perplexity with TikTok US and go for an IPO ...

Perplexity AI has revised its merger proposal with ByteDance to allow the US government to own 50% stake in the new company.

In a recent development, Perplexity AI revised its proposal to merge with TikTok US with the goal of creating a new company. This revised plan includes the possibility for the US government to own up ...

Asia market update: Risk appetite worsens on sudden CN countermeasures against US after risk-on had initially returned to ...

Regulators are cracking down on big tech, with antitrust law as their main weapon. Can they boost competition without killing ...

Perplexity AI, a free AI-powered search engine, revised its initial takeover offer for TikTok, which would allow the U.S. government to own up to 50% of "NewCo," the new company Perplexity is ...

Both Donald Trump and Joe Biden have spent years attempting to pressure ByteDance into selling its US operations, citing ...

Aravind Srinivas’s journey from Chennai to leading a groundbreaking AI company highlights his dedication to innovation, ...

Mr. Niccol is credited with reviving the burrito chain Chipotle Mexican Grill ( CMG-N +0.86% ) in his last CEO role. He aims ...

Premium Dr Agarwal’s Healthcare IPO Day 3 Highlights: Dr Agarwal IPO opened for subscription on Wednesday, January 29, and will close on Friday, January 31. Dr Agarwal’s Healthcare IPO Day 3 H ...

IPO activity for companies backed by venture capital firms has stalled over the last three years, reaching its slowest level since 2011, according to a PitchBook report from Jan. 24. Now ...