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Amazon presented an offer to buy TikTok

The offer would come in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick

Una foto combo con il logo di Amazon ed il logo di TikTok. ANSA

2' min read

2' min read

Amazon looks to TikTok The retail giant has submitted a bid for the popular app ahead of the 5 April deadline, set by Donald Trump to change ownership and thus prevent it from being banned in the US.

The administration is working to present a concrete and feasible plan to the president, who made a personal commitment during the election campaign to save TikTok for all those millions of Americans who use it for fun and for work.

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Shortly after taking office, Trump delayed by 75 days the entry into force of the law passed by Congress to ban the app in the wake of national security concerns.

Now, however, the showdown is approaching: the deadline expires on Saturday and a decision must be made.

Among the various options being considered is that of creating a US entity - with an investor or a consortium - and leaving the algorithm in the hands of the Chinese Bytedance, which would then lend it out to allow the app to continue operating in the US.

The option could come up against the opposition of many hawks in Congress, where especially in the Republican ranks there are calls for a tough fist against Beijing.

In the past Amazon had tried to create an app similar to TikTok called Inspire but without success. However, the retail giant is not the only one interested in the app.

According to rumours, the Trump administration is looking at a possible US investor string for TikTok, which could include Oracle and Blackstone.

Billionaire Frank McCourt and Jesse Tinsley, the founder of Employer.com, also showed interest.

In 2020, when Trump was in the White House, Walmart and Microsoft had come forward for the app, which the president then considered a threat. Beijing is watching the big manoeuvres going on in the United States over TikTok and is not budging. The Chinese authorities are expected to approve any kind of deal and, according to analysts, could condition any go-ahead on the tariffs.

The US venture capital firm Andreessen Horowitz is also reportedly in talks to invest in TikTok, according to rumours in the Financial Times.

Marc Andreessen, co-founder of Andreessen Horowitz and a Trump supporter, is reportedly in negotiations for the Chinese investors' share of TikTok, as part of a bid led by Oracle and other US investors to acquire it from ByteDance.

Cnbc: "Trump could decide as early as today on TikTok"

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The Trump administration could decide as early as today on TikTok. Cnbc reports this, citing sources.

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