Just one day before TikTok is expected to shut down in the US, startup Perplexity AI has submitted a bid to TikTok’s parent company ByteDance proposing a merger that would allow it to continue operating, CNBC reports. Citing an anonymous source, CNBC reports that the proposed merger would “create a new entity combining Perplexity, TikTok US and New Capital Partners.” It comes after the Supreme Court on Friday ruled unanimously to uphold a law that requires ByteDance to sell TikTok or…
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https://www.engadget.com/social-media/perplexity-ai-has-reportedly-submitted-an-11th-hour-bid-to-save-tiktok-in-the-us-215012514.html