Amazon (AMZN) has made a last-minute offer to buy all of TikTok as it approaches an April deadline to be separated from its Chinese owner or face a ban in the U.S., The New York Times’ Lauren Hirsch, Maggie Haberman, Zolan Kanno-Youngs, Karen Weise, and Sapna Maheshwari report, citing three people familiar with the bid. According to the people, various parties who have been involved with the talks do not appear to be taking Amazon’s bid seriously. One person says the offer came via a letter addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick. Prior reports have indicated that Oracle (ORCL) has been involved in it own efforts to be part of a bid to buy out TikTok’s Chinese investors to carve it out of its Chinese parent company ByteDance.
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