CosmicTaco
CosmicTaco

Amazon's Last-Minute Bid to Buy TikTok

  • Amazon has made a bid to purchase TikTok as a U.S. ban looms.
  • The offer was disclosed in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick.
  • President Trump extended the ban deadline, expecting a deal by Saturday.
  • Other potential buyers include Oracle, Blackstone, and Perplexity AI.
  • Concerns remain over ByteDance sharing user data with the Chinese government.

Source: Time, Billboard

Post image
4mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across
News Discussion
by CosmicTacoGrapevine

Trump Admin Eyes Oracle's TikTok Takeover

  • The Trump administration is in negotiations for Oracle to take over TikTok with new U.S. investors, per NPR.
  • Lawmakers had earlier passed a bill forcing ByteDance to sell TikTok or face a U.S. ban; Trump delayed the ban via executive...
Post image
News Discussion
by CosmicTacoGrapevine

Perplexity AI Bids for TikTok U.S. Merger

  • Perplexity AI submitted a bid to merge with TikTok U.S., aiming to avoid a potential ban by the Biden administration.
  • The proposal includes combining Perplexity with New Capital Partners, allowing ByteDance investors to retain their...
Post image