this post was submitted on 02 Apr 2025
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Technology

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Amazon Said to Make a Bid to Buy TikTok in the U.S. (www.nytimes.com)
submitted 2 months ago by alyaza@beehaw.org to c/technology@beehaw.org
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Amazon has put in a last-minute bid to acquire all of TikTok, the popular video app, as it approaches an April deadline to be separated from its Chinese owner or face a ban in the United States, according to three people familiar with the bid.

Various parties who have been involved in the talks do not appear to be taking Amazon’s bid seriously, the people said. The bid came via an offer letter addressed to Vice President JD Vance and Howard Lutnick, the commerce secretary, according to a person briefed on the matter.

Amazon’s bid highlights the 11th-hour maneuvering in Washington over TikTok’s ownership. Policymakers in both parties have expressed deep national security concerns over the app’s Chinese ownership, and passed a law last year to force a sale of TikTok that was set to take effect in January.

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[–] Hisnitch@beehaw.org 1 points 2 months ago
  1. I don't believe that it would apply in this case, as tiktok isn't the only video media sharing platform in the USA. If amazon was buying all of video media platforms, that would be cause for concern.
  2. Yeah, there was. America also explicitly voted that they didn't want fair competition at all. We're just getting what we deserve.