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Amazon makes bids at the last minute for TikTok as a deadline for US prohibition methods
Amazon has made a last-minute bid to buy Tiktok, which is facing an American ban if it is not sold by its Chinese owner, the New York Times reported on Wednesday.
San Francisco, California – Amazon have made a last minute bid to buy Tiktokthat is facing an American ban if not sold by its Chinese owner, New York Times reported Wednesday.
Amazon has made a last-minute bid to buy Tiktok, which is facing an American ban if it is not sold by its Chinese owner, the New York Times reported on Wednesday. © Collage: Alain Jocard & Brendan Smialowski / AFP
The offer arrived at a letter to officials involved in talks regarding the sale of TikTok to calm us national security problems, according to the New York Times.
Amazon refused to comment on the report.
President Donald Trump has trivialized risks such as TikTok risks being banned in the United States and says he remains confident Find a buyer for the app’s American operations at a Saturday deadline.
US Media reported that Trump is planning to meet the White House officials on Wednesday to discuss Possible solutions.
The Times added that its sources said that the parties involved in the talks did not seem to take Amazon’s commandment seriously.
According to reports, the most likely solution would see existing American investors in Bytadance role over their efforts to a new independent global TikTok company.
Additional US investors, including Oracle and Blackstone, the Private Equity Company, would be conducted to reduce the proportion of Chinese investors.
Much of Tiktok’s American activity is already housed on Oracle servers, and the company’s chairman, Larry Ellison, is a long -term Trump ally.
Who will buy Tiktok?
Tiktok turned short before President Trump’s inauguration in January. © Kayla Bartkowski / Getty Images North America / Getty Images via AFP
The extremely popular Video Sharing app, which has over 170 million American users, is threatened by a law that passed overwhelming last year and orders Tiktok to share from its Chinese change of ownership or meet a ban in the United States.
Motivated by widespread faith in Washington that TikTok ultimately is controlled by the Chinese government, The law came into force January 19, one day before Trump’s inauguration.
But the Republican president quickly announced a delay that has enabled it to continue working; This delay will expire on April 5.
“We have many people who want to buy Tiktok,” Trump told reporters aboard Air Force One recently.
Each deal to divest TikTok from BytaTance will require Beijing approval, and Trump has said he can offer to reduce customs in China as a way to get Beijing’s sales approval.
Trump, although he supported a ban during his first term of office, has recently become the app’s Biggest defenderTo see it as a reason why more young voters supported him in the November election.
The tenderers’ range includes an initiative called “People’s commandment on Tiktok,” Launched by Real Estate and Sport Tycoon Frank McCourts project Liberty Initiative.
