AI startup Perplexity has proposed merger with TikTok US, source says

The clock is ticking toward a U.S. ban on TikTok, but users seeking clarity on what that will mean did not get much Saturday from the company that runs the popular video-sharing platform or the tech giants that offer the TikTok app in their digital marketplaces.

However, President-elect Donald Trump said in an interview with NBC News that he was considering granting an extension that might allow TikTok to keep going beyond Sunday, when a law that prohibits mobile app stores and internet hosting services from distributing TikTok to U.S. users takes effect.

The ban’s timing has complicated matters, perhaps in TikTok’s favor: the outgoing Biden administration reiterated Saturday that it considers the law’s implementation and enforcement to be the responsibility of Trump, who takes office on Monday and has pledged to “save” the app.

Under the law, TikTok’s China-based parent company, ByteDance, had nine months to sell the platform’s…

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AI startup Perplexity has proposed merger with TikTok US, source says

 

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