Amazon Submits Late Bid for TikTok as US Sale Deadline Nears
- Amazon has reportedly submitted a bid to buy TikTok from its parent company, ByteDance, as the deadline approaches, as reported by The New York Times.
- The offer letter was addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick, according to sources familiar with the bid.
- President Trump is involved in discussions regarding TikTok's sale, emphasizing the need to address national security concerns raised by critics in Congress.
- Key parties involved do not appear to take Amazon's bid seriously, as stated by The New York Times.
364 Articles
364 Articles
Amazon is reportedly in talks to acquire TikTok
In a surprising twist in the ongoing saga of TikTok’s future in the United States, Amazon has entered the fray with a bid to acquire the short-form video platform. CNBC has confirmed that Amazon submitted its proposal to the White House in a letter this week, addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick. However, sources close to the matter suggest that the offer, made just days before a looming deadline, may not be…
US tech firms, investors vie for TikTok as sale deadline nears
As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up. Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the ring for TikTok. The site faces a 5 April deadline to reach a deal to find a non-Chinese buyer under threat of being banned from the United States. US officials have raised security concerns over the app's ti…
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