Additionally, the government would not be granted a seat on the merged entity’s board.
Reportedly, the updates to the plan were made following feedback from the Trump administration.
Perplexity AI is far from the only party interested in taking over TikTok.
On Saturday, Donald Trumpclaimedthat “numerous people” had expressed interest in investing in the company.
However, he denied discussing the matter with Oracle CEO and close ally Larry Ellison.
