Amazon, TikTok and Joe Biden
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USA TODAY |
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.
Newsweek |
Amazon has submitted a last-minute bid to acquire TikTok, according to a Trump administration official, as the U.S. faces a looming Saturday deadline for the platform to be sold or banned.
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Amazon.com has put in a last-minute bid to buy TikTok, the New York Times reported on Wednesday, citing three people familiar with the offer, days ahead of a deadline the short-form video app is staring at to find a non-Chinese buyer or face a U.S. ban.
The situation underscores the complex interplay between national security interests and corporate investments, as TikTok navigates its future in the American market. TikTok’s integration into retail shopping through influencer marketing aligns seamlessly with Amazon’s e-commerce strategy.
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