Send
Print
Solen F.
The proposal does not specify the of the social network's estimated value.
Simultaneously, several stakeholders engaged in talks about altering TikTok's ownership structure reportedly view Amazon's offer with skepticism, according to the sources. The suggestion was presented in a correspondence directed to U.S. Vice President J.D. Vance and the nation’s Commerce Secretary Howard Lutnick.
Sstarting Saturday, TikTok must sell its U.S. division to non-Chinese entities to keep operating in the country.
U.S. President Donald Trump has previously stated that the States ought to own 50% of TikTok, without clarifying if he referred to control by the government or other U.S. organizations.
Amazon earlier attempted to develop a TikTok alternative within its app, but it was taken down this year. As commonly thought, this analog known as Inspire did not succeed in drawing audience.
There are 170 million TikTok users in the United States.
source: nytimes.com
Simultaneously, several stakeholders engaged in talks about altering TikTok's ownership structure reportedly view Amazon's offer with skepticism, according to the sources. The suggestion was presented in a correspondence directed to U.S. Vice President J.D. Vance and the nation’s Commerce Secretary Howard Lutnick.
Sstarting Saturday, TikTok must sell its U.S. division to non-Chinese entities to keep operating in the country.
U.S. President Donald Trump has previously stated that the States ought to own 50% of TikTok, without clarifying if he referred to control by the government or other U.S. organizations.
Amazon earlier attempted to develop a TikTok alternative within its app, but it was taken down this year. As commonly thought, this analog known as Inspire did not succeed in drawing audience.
There are 170 million TikTok users in the United States.
source: nytimes.com
