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Amazon and Zoop bid to acquire TikTok before a U.S. ban over data security concerns.
Amazon and the startup Zoop, led by OnlyFans founder Tim Stokely, have submitted bids to acquire TikTok before a potential U.S. ban on April 5.
The bids come as the U.S. government raises concerns about TikTok's Chinese parent company, ByteDance, potentially compromising user data.
Zoop aims to prioritize content creators by sharing revenue with them, unlike its adult-focused platform, OnlyFans.
The bids aim to secure TikTok's future in the U.S. amidst national security concerns.
4 weeks ago
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