{"id":97658,"date":"2025-01-27T09:06:23","date_gmt":"2025-01-27T09:06:23","guid":{"rendered":"https:\/\/nationaltimes.pk\/eng\/?p=97658"},"modified":"2025-01-27T09:06:23","modified_gmt":"2025-01-27T09:06:23","slug":"perplexity-ai-proposes-merger-with-tiktok-giving-us-govt-half-source","status":"publish","type":"post","link":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/","title":{"rendered":"Perplexity AI proposes merger with TikTok, giving US govt half: source"},"content":{"rendered":"\n<p>Pakistan(National Times)- US search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok&#8217;s Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with the proposal told\u00a0<em>Reuters<\/em>\u00a0on Sunday. The proposal calls for the US government to own up to 50% of the new company upon a future initial public offering (IPO), the person said. A Perplexity document shared with ByteDance and new investors proposed the creation of a new US holding company called &#8220;NewCo&#8221;, the person said. Under the proposal, ByteDance would sell TikTok US to the investors, which would give TikTok&#8217;s existing investors equity in the company. The proposal would also exclude TikTok&#8217;s core recommendation algorithm, which ByteDance would keep, the person said. The US government would own up to half of the new structure once it goes through an IPO of a valuation of at least $300 billion. Perplexity AI would also offer to be acquired by the holding company if its own investors received a distribution of the NewCo equity, the person said. <em>CNBC<\/em>\u00a0first reported news of the proposal. TikTok services were restored last week after US President Donald Trump said he would revive the app&#8217;s access in the country after returning to power. TikTok shut off its app for US users due to a law that cited national security. ByteDance and the White House did not immediately respond to a\u00a0<em>Reuters<\/em>\u00a0request for comment. On Saturday, President Donald Trump said he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app&#8217;s future in the next 30 days. Earlier this month,\u00a0<em>Reuters<\/em>\u00a0reported that a source said Perplexity submitted a bid to ByteDance for the startup to merge with TikTok US, adding that Perplexity would merge with TikTok and create a new entity by combining the merged company with New Capital Partners. The source who spoke to\u00a0<em>Reuters<\/em>\u00a0earlier this month said Perplexity AI believes its bid may succeed since the proposal is a merger rather than a sale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan(National Times)- US search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok&#8217;s Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with the proposal told\u00a0Reuters\u00a0on Sunday. The proposal calls for the US government to own up to 50% of the new company [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":97659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-97658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Perplexity AI proposes merger with TikTok, giving US govt half: source - Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Perplexity AI proposes merger with TikTok, giving US govt half: source - Nation\" \/>\n<meta property=\"og:description\" content=\"Pakistan(National Times)- US search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok&#8217;s Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with the proposal told\u00a0Reuters\u00a0on Sunday. The proposal calls for the US government to own up to 50% of the new company [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/\" \/>\n<meta property=\"og:site_name\" content=\"Nation\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-27T09:06:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"370\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"humza Jahangir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"humza Jahangir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/\",\"name\":\"Perplexity AI proposes merger with TikTok, giving US govt half: source - Nation\",\"isPartOf\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png\",\"datePublished\":\"2025-01-27T09:06:23+00:00\",\"author\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/27efa35fa76e99f3ad7e7397d7332c16\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#primaryimage\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png\",\"contentUrl\":\"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png\",\"width\":670,\"height\":370},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationaltimes.pk\/eng\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Perplexity AI proposes merger with TikTok, giving US govt half: source\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#website\",\"url\":\"https:\/\/nationaltimes.pk\/eng\/\",\"name\":\"Nation\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationaltimes.pk\/eng\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/27efa35fa76e99f3ad7e7397d7332c16\",\"name\":\"humza Jahangir\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/43feedd99bd6a90080d1621b7e6604364acb673ee979d3ffe5075557c14c68b9?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/43feedd99bd6a90080d1621b7e6604364acb673ee979d3ffe5075557c14c68b9?s=96&d=mm&r=g\",\"caption\":\"humza Jahangir\"},\"url\":\"https:\/\/nationaltimes.pk\/eng\/author\/humza\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Perplexity AI proposes merger with TikTok, giving US govt half: source - Nation","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/","og_locale":"en_US","og_type":"article","og_title":"Perplexity AI proposes merger with TikTok, giving US govt half: source - Nation","og_description":"Pakistan(National Times)- US search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok&#8217;s Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with the proposal told\u00a0Reuters\u00a0on Sunday. The proposal calls for the US government to own up to 50% of the new company [&hellip;]","og_url":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/","og_site_name":"Nation","article_published_time":"2025-01-27T09:06:23+00:00","og_image":[{"width":670,"height":370,"url":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png","type":"image\/png"}],"author":"humza Jahangir","twitter_card":"summary_large_image","twitter_misc":{"Written by":"humza Jahangir","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/","url":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/","name":"Perplexity AI proposes merger with TikTok, giving US govt half: source - Nation","isPartOf":{"@id":"https:\/\/nationaltimes.pk\/eng\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#primaryimage"},"image":{"@id":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#primaryimage"},"thumbnailUrl":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png","datePublished":"2025-01-27T09:06:23+00:00","author":{"@id":"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/27efa35fa76e99f3ad7e7397d7332c16"},"breadcrumb":{"@id":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationaltimes.pk\/eng\/2025\/97658\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#primaryimage","url":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png","contentUrl":"https:\/\/nationaltimes.pk\/eng\/wp-content\/uploads\/2025\/01\/image-670x370-2025-01-27T140546.570.png","width":670,"height":370},{"@type":"BreadcrumbList","@id":"https:\/\/nationaltimes.pk\/eng\/2025\/97658\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationaltimes.pk\/eng\/"},{"@type":"ListItem","position":2,"name":"Perplexity AI proposes merger with TikTok, giving US govt half: source"}]},{"@type":"WebSite","@id":"https:\/\/nationaltimes.pk\/eng\/#website","url":"https:\/\/nationaltimes.pk\/eng\/","name":"Nation","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationaltimes.pk\/eng\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/27efa35fa76e99f3ad7e7397d7332c16","name":"humza Jahangir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationaltimes.pk\/eng\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/43feedd99bd6a90080d1621b7e6604364acb673ee979d3ffe5075557c14c68b9?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/43feedd99bd6a90080d1621b7e6604364acb673ee979d3ffe5075557c14c68b9?s=96&d=mm&r=g","caption":"humza Jahangir"},"url":"https:\/\/nationaltimes.pk\/eng\/author\/humza\/"}]}},"_links":{"self":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts\/97658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/comments?post=97658"}],"version-history":[{"count":1,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts\/97658\/revisions"}],"predecessor-version":[{"id":97660,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/posts\/97658\/revisions\/97660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/media\/97659"}],"wp:attachment":[{"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/media?parent=97658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/categories?post=97658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationaltimes.pk\/eng\/wp-json\/wp\/v2\/tags?post=97658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}