Days before an April 5 deadline for TikTok to find a buyer or get shut out of its biggest market, the list of potential outcomes for the video app got a lot longer.Amazon.com Inc. became the latest big name to jump into the fray,
Amazon has made a last-minute bid to buy TikTok, which faces a US ban if not sold by its Chinese owner, the New York Times reported on April 2.
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.
Trump’s insistence on keeping TikTok alive has already caused waves of frustration on Capitol Hill, where members of both parties overwhelmingly passed a law requiring the video-sharing app to be sold by its Beijing-based owner ByteDance or face a ban in the U.S.
President Trump and top officials are considering a deal that would create a new U.S. entity and lease TikTok's algorithm to get around China export regulations.
US President Donald Trump has said a deal for TikTok’s Chinese parent firm to sell the platform will be in place before a deadline on Saturday.
President Donald Trump said he would consider lowering tariff rates on China to get Beijing behind a sale of the U.S. operations of TikTok and avert a ban on the popular app. “Maybe I’d give ...
Amazon has made a last-minute bid to buy TikTok, which faces a US ban if not sold by its Chinese owner, the New York Times reported on Wednesday. The offer arrived in a letter to officials involved in talks regarding the sale of TikTok to appease US national security concerns,