Amazon's Last-Minute Bid for TikTok Comes
Digest more
Top News
Overview
Impacts
Investopedia |
Amazon and AppLovin have reportedly submitted bids to buy TikTok, ahead of a U.S. ban set to go into effect this weekend if no deal is reached with the app's Chinese parent company.
Reuters |
A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Ch...
Reuters |
Bidders for the short video social media company are piling up, as the weekend deadline for TikTok to find a buyer approaches.
Read more on News Digest
2don MSN
Amazon has put in a bid to purchase TikTok, a Trump administration official said Wednesday, in an eleventh-hour pitch as a U.S. ban on the platform is set to go into effect Saturday. The official, who was not authorized to comment publicly and spoke on the condition of anonymity,
Amazon has submitted a bid to acquire all of TikTok, according to a new report from The New York Times. The last-minute bid comes as TikTok faces an April 5 deadline to shed its Chinese ownership or face a ban in the U.
AppLovin has joined the last-minute race to buy TikTok before Trump's April 5 deadline. It has lots of competition.
Amazon's last-minute TikTok bid comes days before the video app faces a potential U.S. shutdown, though the offer isn't being taken seriously.
TikTok's fate in the US will not be decided just yet. US President Donald Trump said today that he will sign an executive order that will keep the social media site running in the US for another 75 days. This is coming about amid reports of Amazon and Walmart reportedly gearing up to make bids to buy the company.
Explore more
Walmart is actively considering joining a group of investors to buy TikTok, according to sources close to the deal.
According to The New York Times, Amazon has made a late bid to buy TikTok ahead of the app's US ban on April 5, 2025.
Amazon has made a last-minute bid to acquire TikTok as a nationwide ban on the platform looms. A Trump administration official confirmed the offer, which was sent in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick.
Amazon.com has put in a bid to purchase TikTok, a Trump administration official said, in an 11th-hour pitch as a U.S. ban on the platform is set to