A TikTok sign is prominently displayed on the rooftop of the Culver City company building. The popular video app faces a potential ban in the U.S. unless it severs ties with its Chinese owner. Amazon has reportedly made an offer to acquire TikTok to address the security concerns raised by U.S. legislators under a law enacted by former President Joe Biden. TikTok has emphasized its substantial investments in safeguarding the data of its American users, warning that a ban would have severe repercussions on both businesses and individuals who utilize the app. While Amazon's bid was reported by the New York Times, the tech giant from Seattle chose not to comment, and there was no response from TikTok or the White House on the matter. The original deadline for a deal was set for January 19, which was later extended to April 5 by President Trump, with a possibility of further extension. The potential sale of TikTok is seen as a significant factor in U.S.-China relations, with requirements for Chinese government approval. Besides Amazon, other potential buyers for TikTok include an investment group led by Frank McCourt and a San Francisco AI company. It is noted by analysts that the deal involving TikTok may not include selling its algorithm, which could pose challenges with the Chinese government. Reports suggest that Amazon's bid is not regarded seriously by the Trump administration and other stakeholders involved in the negotiations.
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