Amazon makes a late bid for TikTok as the app faces pressure to divest or be banned in the US.

Amazon has reportedly made a last-minute bid to acquire TikTok before a deadline requiring the app to divest from its Chinese parent, ByteDance, or face a ban in the US. While other companies like Oracle and Blackstone are also interested, sources say they are not taking Amazon's bid seriously. The future of TikTok remains uncertain as it faces pressure due to national security concerns.

1 week ago
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