US search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to merge with TikTok US, a source familiar with the company's plans told Reuters.
Investors would be wise to pay closer attention to the World Economic Forum about to kick off in Davos, Switzerland.
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
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