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Amazon Said to Make a Bid to Buy TikTok in the U.S.

NYT - Media · Lauren Hirsch, Maggie Haberman, Zolan Kanno-Youngs, Karen Weise and Sapna Maheshwari · last updated
The e-commerce giant put in a last-minute offer for the popular video app, according to three people familiar with the talks. TikTok faces a Saturday deadline to change its ownership structure.
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Related Knowledge Center: The TikTok ban

State of Play

The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.

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