Amazon, AppLovin Bid To Purchase TikTok Forward of Deadline, Studies Say

Bloomberg / Contributor / Getty Photos Key Takeaways Amazon and AppLovin have reportedly submitted bids to purchase TikTok, forward of a U.S. ban set to enter impact this weekend if no deal is reached with the app’s Chinese language father or mother firm. A number of others have beforehand expressed curiosity in shopping for TikTok, together with “Shark Tank” host Kevin O’Leary and Undertaking Liberty founder Frank McCourt, together with Reddit co-founder Alexis Ohanian. Trump is assembly with White Home officers Wednesday to evaluate a proposal led by Oracle, in response to studies. Amazon (AMZN) and adtech agency AppLovin (APP) have change into the newest companies to bid…