Amazon has put in a last-minute bid to acquire all of TikTok, the popular video app, as it approaches an April deadline to be separated from its Chinese owner or face a ban in the United States, according to three people familiar with the bid.
Various parties who have been involved in the talks do not appear to be taking Amazon’s bid seriously, the people said. The bid came via an offer letter addressed to Vice President JD Vance and Howard Lutnick, the commerce secretary, according to a person briefed on the matter.
Amazon’s bid highlights the 11th-hour maneuvering in Washington over TikTok’s ownership. Policymakers in both parties have expressed deep national security concerns over the app’s Chinese ownership, and passed a law last year to force a sale of TikTok that was set to take effect in January.
Why is this legal? Isn’t there an authority that watches over fair competition in the USA?
InTheDoghouseAgain@lemm.ee 20 hours ago
I am wondering if the sale of TikTok is more about Trump getting some company to buy it where he can control the content
It would be exactly what dictatorships do
Control all media