Amazon's Bold Move: Last-Minute Bid to Acquire TikTok Raises Eyebrows Amid Looming U.S. Ban
Amazon has submitted a last-minute bid to acquire TikTok as the April 5 deadline approaches.
Matilda
Amazon's Bold Move: Last-Minute Bid to Acquire TikTok Raises Eyebrows Amid Looming U.S. Ban
The battle for TikTok's future in the U.S. has taken an unexpected turn, with Amazon reportedly making a last-minute bid to acquire the popular short-video app. This surprising move comes just days before the April 5 deadline set by the U.S. government, demanding that TikTok sever ties with its Chinese parent company, ByteDance, or face a potential ban. Image:Google Amazon Joins the Race for TikTok According to a report from The New York Times, Amazon has submitted a proposal to acquire TikTok in its entirety. However, sources close to the negotiations suggest that the bid is not being taken seriously by key stakeholders. The primary reason? The lack of strategic fit between Amazon’s core business and TikTok’s social media model. Amazon's potential entry into the social media space could be seen as an attempt to rival other tech giants like Meta and Google, both of which dominate online engagement and advertising revenue. However, experts question whether Amazon is truly serious …
