Amazon's Last-Minute Bid for TikTok Comes
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USA TODAY |
The clock is ticking down on the TikTok video app's potential ban in the United States, last minute investors such as Amazon and AppLovin are submitting bids.
U.S. News & World Report |
The Trump administration's work to find an American buyer for the short-video social media site TikTok is on track ahead of the April 5 deadline to reach a deal for non-Chinese ownership, Vice Presid...
Reuters |
AppLovin's indication of interest is preliminary and there can be no assurance that a transaction involving the company will proceed, it said in a regulatory filing.
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According to the White House, several potential buyers have bid on the popular social media app to ensure its continued
TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data As TikTok's future remains uncertain, a number of prominent moguls and companies are competing for the opportunity to purchase the app.
President Donald Trump said over the weekend there are lots of potential buyers and said he'd like to keep the app alive. The administration has set an April 5 deadline for the app to be banned if it is not sold by it's Chinese-owned parent company, ByteDance.
La empresa propietaria de TikTok, ByteDance Ltd., podría ser multada en más de €500 millones (US$553 millones) por enviar ilegalmente a China datos de usuarios europeos.