With the clock ticking on TikTok’s deadline to sell or face a ban within the U.S., the battle to purchase the app has intensified.
Amazon has now despatched a letter to the Trump administration to hitch the bidding struggle for TikTok, sources advised ABC Information.
President Donald Trump stated over the weekend there are many potential consumers and stated he’d prefer to maintain the app alive. The administration has set an April 5 deadline for the app to be banned if it’s not bought by it is Chinese language-owned father or mother firm, ByteDance.
A TikTok brand is proven on a cellphone in San Francisco, Jan. 17, 2025.
Jeff Chiu/AP
On Wednesday, Trump and senior administration officers thought-about a number of proposals. It is unclear if a choice has been made on transfer ahead.
The cell tech firm AppLovin and a gaggle together with tech big Oracle have additionally made bids to purchase the app. Even when Trump approves a deal, China will nonetheless have to log off on it.
Trump has stated publicly that if an settlement is not reached by the deadline, he’ll simply prolong it.
It is a creating story. Please verify again for updates.
