TIK TOK has been recently removed from US Apple store applications. But in the final bout of TIK TOK loosing its online presence a new name seemed to have jumped up in the arena. Perplexity the US based Search engine startup had showcased its interest in buying off the TIK TOK amid its last breaths.
The US based search engine had submitted a bid on Saturday to Tik ToK’s owners ByteDance for a merger. The reports of the merger were shared by Reuters online.
TIK TOK Ban
Tik Tok had been previously intimated about how it would be banned until and unless it breaks off its ties with ByteDance. But Donald Trump had reportedly given the video app a breath of relief as he said that he might give them a 90 day reprieve for on Monday.
The Merger could be a new chapter in the application’s life as Perplexity plans to develop a new entity with Tik Tok along with the capital sharing partners. As per the new business plans that have been shared, Perplexity would keep the equity stakes as they are, helping the existing investors of Bytedance to stay. The fact that Perplexity proposes a merger rather than sale makes them hopeful of a formidable partnership for future.
Preplexity
Perplexity it self is much more perplex and a altogether different application than the Tik Tok. It works with an expansive language models that allow it to get fast answers with sources and citations. Its ability to sum up information from open source Ai platforms makes it a favorable platform for users.
Tik Tok’s Last Words
Tik Tok has been a formidable force in shaping the internet culture. It has revolutionized the short video feature that was non existent earlier. As per a few of the last posts Tik Tok said that it would go dark in the US on Sunday unless President Joe Biden administration provides assurances to companies such as Apple, and Google.
