Amazon's Last-Minute Bid for TikTok Comes
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The clock is ticking down on the TikTok video app's potential ban in the United States, last minute investors such as Amazon and AppLovin are submitting bids.
From USA TODAY
According to a source familiar with the White House led discussions about a deal, Amazon made a late bid to buy TikTok.
From NBC News
Trump said that a deal is close on Tiktok, with multiple investors involved.
From Reuters
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Cebu Daily News on MSNTrump says ‘very close to a deal’ on TikTokPresident Donald Trump said his administration was “very close” to a deal to find a buyer for TikTok, which faces a US ban if not sold by its Chinese owner by the weekend. “We’re very close to a deal with a very good group of people,
The investors claim ByteDance sabotaged their acquisition of the social media giant during the first Trump administration by instead pursuing an Oracle partnership that circumvented national security divestiture requirements.
TikTok app will be banned and go dark in US unless ByteDance makes a deal. Tim Stokely, founder of OnlyFans and Amazon submit late bids. What to know
TikTok has just days to find a buyer in the United States or face a ban in the country. The White House on Tuesday indicated a deal may be close to done. NBC Bay Area business and tech reporter Scott Budman provides the latest in his video report above.
On April 3, 2025, AppLovin (APP) Corporation confirmed that the Company has provided an indication of interest to the President of the United States to explore a purchase of TikTok in all markets outside of China.
After TikTok was banned in the United States earlier this year, President Donald Trump gave the platform a reprieve, barreling past a law that was passed in Congress and upheld unanimously by the
The White House has examined a menu of options to avert a TikTok ban deadline set for Saturday. One proposal — letting TikTok’s Chinese owner lease the algorithm to a TikTok spinoff in the U.S. — would probably face resistance from China hawks in Trump’s party.
Speaking to reporters aboard Air Force One, Trump used TikTok as an example of how tariffs can be used to negotiate with other countries.
TikTok’s imminent future in the US still hangs in the balance. Besides a potential new owner, this is what may happen after the April 5 deadline elapses. View on euronews