Amazon Bids for TikTok as Deadline Nears

As the April 5 deadline imposed by the Trump administration for TikTok to either find new ownership or face a ban in the U.S. approaches, Amazon has emerged as a potential buyer by submitting a last-minute bid, though insiders suggest it is not being taken seriously. Despite Amazon's interest, other potential buyers such as AppLovin and a venture led by Oracle, including Andreessen Horowitz, are also in contention to purchase TikTok's U.S. operations, addressing national security concerns by spinning it off from ByteDance. High-profile investors, including Blackstone Group, are involved in discussions to support the buyout. President Trump has expressed a preference for TikTok to remain operational in the U.S., and the decision regarding its ownership is anticipated imminently. The situation remains fluid as multiple parties, including Beijing, influence TikTok's future.