Amazon has made a bid to acquire TikTok as the app faces a deadline to eliminate its Chinese ownership or risk a ban in the U.S. Reports suggest that the offer isn't being taken seriously by other negotiating parties. President Trump is set to meet with officials regarding TikTok's future, emphasizing the need for a deal with ByteDance to conclude before April 5. Meanwhile, other investors like Andreessen Horowitz and Blackstone are showing interest in possible bids for TikTok's U.S. operations, indicating a competitive landscape for the app.
Amazon's last-minute bid to acquire TikTok appears to lack traction, as other parties involved in negotiations do not take it seriously amidst looming deadline pressures.
Donald Trump is expected to discuss TikTok's future in an upcoming meeting, reinforcing the urgency to complete any potential sale before April 5.
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