Amazon.com Inc. has presented a bid to purchase TikTok as the company is nearing the deadline to be banned from the United States unless it changes ownership, The New York Times (NYT) reported on Wednesday.
The bid to acquire the video platform's US operations came amid President Donald Trump's administration's, and even that of his predecessor Joe Biden's, worries about TikTok owner ByteDance Ltd.'s links to the Chinese government. Earlier, it was said that those interested in buying the social media network should reach out to the White House, not ByteDance itself.
Previously, it was reported that companies such as Microsoft Corporation, Oracle Corporation, Reddit Inc. and Andreessen Horowitz Capital Management, LLC were interested in acquiring TikTok. Later, it was alleged that Trump will consider the final proposal for that on Wednesday. The deadline for TikTok to get a new owner in the US, where it went offline briefly in January, is April 5.
