On the verge of being banned again in the U.S., TikTok’s sale deadline set for April 5, it appears that Amazon might have made a late bid to purchase the widely used Chinese-owned video application, as reported by the New York Times.
According to sources privy to the situation, it seems that multiple parties engaged in the negotiations are not giving Amazon’s proposal much consideration. This supposed bid was presented in a letter directed towards Vice President JD Vance and Commerce Secretary Howard Lutnick, as mentioned in the report.
There’s no response yet from either Amazon or TikTok regarding this matter, but it’s worth noting that Amazon’s shares increased by 1.3% shortly after the announcement, according to Reuters.
On Wednesday, I’m set to gather with White House officials for a chat about TikTok’s upcoming direction. It appears there’s a possibility of a deal in the works, where some American investors, including Oracle and Blackstone, could take the helm instead of a full-blown sale – at least that’s what I’ve heard from reliable sources in the know.
As a gaming enthusiast, I’ve just learned that Amazon is one of the newest contenders eyeing a purchase of the popular social media platform. Back in 2020, Microsoft and Walmart were among those who threw their hats in the ring, bidding on TikTok when ByteDance was initially urged to sell the app to an American owner due to security concerns.
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2025-04-02 21:26