The proposal to merge Perplexity with TikTok's US business aims to allow the US government to own up to half of the new structure after an IPO. ByteDance would maintain ties with TikTok but would need to ensure US board control. The proposal reflects strategies discussed by former Treasury Secretary Steven Mnuchin. President Trump anticipates a deal within 30 days, despite previous attempts to ban TikTok due to security concerns. Teljes cikk (Euronews.com)