Amazon's Last-Minute Bid for TikTok Comes
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The clock is ticking down on the TikTok video app's potential ban in the United States, last minute investors such as Amazon and AppLovin are submitting bids.
From USA TODAY
The Trump administration's work to find an American buyer for the short-video social media site TikTok is on track ahead of the April 5 deadline to reach a deal for non-Chinese ownership, Vice Presid...
From U.S. News & World Report
AppLovin's indication of interest is preliminary and there can be no assurance that a transaction involving the company will proceed, it said in a regulatory filing.
From Reuters
Read more on News Digest
Speaking to reporters aboard Air Force One, Trump used TikTok as an example of how tariffs can be used to negotiate with other countries.
The app went dark in January, though Trump’s deadline extension led to its reactivation. The current value ranges from $100 to $200 billion.
TikTok has just days to find a buyer in the United States or face a ban in the country. The White House on Tuesday indicated a deal may be close to done. NBC Bay Area business and tech reporter Scott Budman provides the latest in his video report above.
After TikTok was banned in the United States earlier this year, President Donald Trump gave the platform a reprieve, barreling past a law that was passed in Congress and upheld unanimously by the
The White House has examined a menu of options to avert a TikTok ban deadline set for Saturday. One proposal — letting TikTok’s Chinese owner lease the algorithm to a TikTok spinoff in the U.S. — would probably face resistance from China hawks in Trump’s party.
YouTube announced new video creation tools for short videos ahead of a pending deadline for TikTok owner ByteDance to sell it or be banned from the United States.
Several potential buyers have bid on the popular social media app to ensure its continued access in the United States.
TikTok, one of the most popular social media platforms in the United States, has four days to reach a deal divesting it of Chinese ownership before it goes dark. The app, which is owned by China’s ByteDance,