TikTok, White House
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Amazon's bid comes after lawmakers last year passed a bill setting a Jan. 19 deadline for the sale, which Mr. Trump extended for 75 days.
From CBS News
President Donald Trump has signaled that he is confident his administration can broker an agreement with ByteDance, the social media app's China-based parent company.
From U.S. News & World Report
Both the FBI and the Federal Communications Commission have warned that ByteDance could share user data — such as browsing history, location and biometric identifiers — with China’s authoritarian gove...
From U.S. News & World Report
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Trump gave China’s ByteDance until April 5 to sell or divest its U.S. TikTok business. A source confirmed to NBC News that the e-commerce giant had made a last-minute pitch.
As TikTok faces down an April 5 deadline, last-minute offers to buy the app have come from Amazon and the founder of OnlyFans, among others.
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Investor's Business Daily on MSNWhite House Close To Approving Sale Of TikTok's U.S. Business To Investors: ReportThe White House is close to approving a deal that would allow a group of investors to buy a stake in TikTok's U.S. operations, according to a report from the Financial Times. The reported deal to avoid a potential TikTok ban comes days before a deadline.
20mon MSN
President Donald Trump announced new tariffs at the White House. For context: Trump has blamed the U.S. trade deficit on “unfair” foreign trade barriers, complaints economists call exaggerated. Analysts warn he’s steering the economy toward slow growth and higher prices.
While the deal is still in early discussions and subject to change, it comes just days before an April 5 deadline set by US law.
OnlyFans founder and billionaire Tim Stokely partnered with a crypto company to bid for TikTok as the social media company faces a deadline to either sell or be banned in the US. Amazon also placed a last minute bid.
The White House has examined a menu of options to avert a TikTok ban deadline set for Saturday. One proposal — letting TikTok’s Chinese owner lease the algorithm to a TikTok spinoff in the U.S. — would probably face resistance from China hawks in Trump’s party.
Trump is holding a meeting Wednesday with key administration officials who will present a deal for TikTok to the president.