With just 2 days remaining to decide the next owner of TikTok in the U.S., Amazon has come up with a last-minute offer.
It looks like Amazon has made a surprise last-minute move to acquire TikTok, just as the April 5 deadline inches closer. That’s the date by which TikTok must break away from its Chinese parent company, ByteDance, or get banned in the U.S.
Back in 2024, the Biden administration passed a law forcing ByteDance to sell TikTok, citing concerns that Chinese ownership could let Beijing access American user data or run influence campaigns. The law was supposed to kick in by January 2025. The law did actually kick in on January 19th, and for about 14 hours on January 20, TikTok was indeed offline in the U.
