Amazon Submits Late Bid for TikTok as US Sale Deadline Nears
- Amazon has submitted a last-minute bid to acquire TikTok before a deadline to sell its Chinese ownership, according to a person familiar with the discussions.
- The bid was made via a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick, but is not being taken seriously by those involved.
- President Donald Trump is set to meet with high-ranking officials to discuss TikTok's future and could extend the sale deadline if necessary.
- Trump has stated that there is tremendous interest in TikTok, with numerous potential buyers expressing interest in the app.
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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