Amazon submits last-minute bid to purchase TikTok ahead of US ban deadline

Amazon has bid to purchase TikTok in an eleventh-hour pitch as a US ban on the platform is set to go into effect Saturday. The Amazon offer was made in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick. US President Donald Trump, on Inauguration Day, gave the platform a reprieve, barreling past a law that had been upheld unanimously by the Supreme Court in the US, which said the ban was necessary for national security.

Under the law, TikTok’s Chinese-owned parent company, ByteDance, must sell the platform to an approved buyer or take it offline in the US.

Read more

You may also like

Comments are closed.

More in IT