Reported 1 day ago
Amazon and AppLovin are reportedly bidding to acquire TikTok before a looming US ban takes effect this weekend if no agreement is reached with the app's Chinese parent company. Other interested parties have included Kevin O'Leary and Alexis Ohanian. While Amazon's offer has not been taken seriously, AppLovin seeks financial backing for its bid. Trump is discussing a potential deal led by Oracle that could safeguard US consumer data, with expectations of a deal announcement before the Friday night deadline.
Source: YAHOO