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Amazon made an offer of the last moment to buy tapping days before the deadline of President Donald Trump, according to reports.
The online retail giant offered to purchase the social media platform on Wednesday in a letter to Vice President JD Vance and Trade Secretary Howard Lutnick, the New York Times reported.
Those involved in conversations to find a new owner for the app do not appear to take the bid seriously, the outlet reports.
Amazon declined to comment when he was contacted by The independent.
Days before Trump held office in January, the Supreme Court confirmed a law that forced the short-shaped video app loved by 170 million users to exempt either from the China-based parent company bite, or a ban in the United States due to the national security issues. On his first day in the White House, the president signed an executive order that granted a 75 -day postponement to allow his administration to ‘determine the appropriate action’. That deadline Saturday (April 5).
Now its administration is plans for a long list of potential investors and venture capital businesses that include investment management business Blackstone and software giant Oracle, CBS News reports.
Trump and other officials – including Vance, Lutnick, national security advisor Mike Waltz, and director of National Intelligence Tulsi Gabbard – will hold a meeting on Wednesday in the Oval Office to discuss the future of the app, the outlets reports.
The details of the final proposal are not immediately clear.
“We have a lot of potential buyers. There is a lot of interest in tapping. The decision is going to be my decision,” the president said this weekend. “I’d like to see tiktok stay alive.”
If an agreement is not reached by April 5, Trump suggested he would extend the deadline. He even suggested that the rates on goods imported from China lowered as Beijing agreed to sell the app.
A number of transactions have been presented in recent months.
Artificial Intelligence -Startplexity AI merged with the accessory in January, reports The Associated Press. The proposal would have allowed the federal government to own up to a 50 percent stake in the new company.
Kevin O’Leary, a Shark Tank -Fame businessman, and Frank McCourt, an entrepreneur and founder of Project Liberty, also made a formal offer to buy the social media platform in January. The couple, along with a group of investors, promised to ‘collect less data on users’.
Also that month, MRBEAST, a YouTuber sensation whose real name is Jimmy Donaldson, has bid with a group of investors to preserve the app. The details of the offer were not made public at the time.
“I just came out of a meeting with a lot of billionaires,” he said on the app. “Tiktok, we mean business … we have an offer ready for you, we want to buy the platform, America deserves Tiktok.”
Last month, Oracle “accelerated” business with the White House on the purchase of the app, Politics reported. The company will oversee the data of US users and ensure that the Chinese government does not have access to it, a source familiar with the discussions, said at the outlet.
“We hear a lot of confidence from the Trump administration about obtaining an agreement against the deadline, which is strange if we know little about the details and how complicated the conditions are likely to be,” Damian Rollison, director of market insights at Soci, said in a statement shared with each other The independent. “If bite dance was prepared to sell tapping in the US, why didn’t they enter into an agreement when they were in a better position to dictate conditions?”
Rollison added that he believes that the app will not be banned in the US: “Regardless, I think it is fairly safe to bet on tapping that will be available to US users in some form, which welcomes tapping news by the big and ever -growing audience, and uses it to use products and to buy products.”
The independent asked the White House for comment.
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