TLDR · BIG TECH & STARTUPS
AMAZON SAID TO MAKE A BID TO BUY TIKTOK IN THE U.S.
Summary from the TLDR newsletter
Amazon has put in a last-minute bid to acquire TikTok. The various parties who have been involved in the talks do not appear to be taking Amazon's bid seriously. Neither company has spoken publicly about the bid. Despite multiple bids, TikTok has maintained that it is not for sale, partly because the Chinese government would block a deal.