Amazon reportedly submits last-minute bid to acquire TikTok

Posted under: Tech Move
Date: 2025-04-03
TikTok Acquisition: Amazon's Bold Move Explained |Justo Global

Amazon has submitted a bid to acquire all of TikTok, as the app faces an April 5 deadline to sell its Chinese ownership or face a US ban. However, the deal talks are not taking Amazon's bid seriously. President Trump is scheduled to meet with officials to discuss the app's fate. Andreessen Horowitz is in talks to invest in TikTok as part of an Oracle-led bid, while Blackstone is considering joining ByteDance's non-Chinese shareholders to provide fresh capital for the US operations.

Read more at: techcrunch.com