News Summary

As the deadline looms for TikTok to divest its US operations from Chinese ownership, Amazon has emerged as a last-minute potential buyer. US President Donald Trump is set to consider a ‘final proposal’ concerning the sale of TikTok’s US unit by April 5 to avoid a nationwide ban. The White House is pushing for a deal that involves US investors, including Oracle and Blackstone, to join existing non-Chinese shareholders in ByteDance, TikTok’s parent company, to acquire the app. Andreessen Horowitz, a US venture capital firm, is also in discussions to invest as part of the deal. Trump has previously expressed a willingness to reduce tariffs on China to facilitate the transaction.