Amazon.com (NasdaqGS:AMZN) recently captured headlines with a controversial bid to acquire TikTok amid heightened scrutiny from U.S. regulators, reflecting its push for strategic growth. Meanwhile, significant market turmoil marked by a 9% weekly plunge in the Nasdaq was influenced by a global trade war spurred by newly announced tariffs by the U.

Trump was to reportedly hold a White House meeting Wednesday to consider an offer to buy TikTok, as it faces a ban in the U.S. on April 5 if it is not sold to an American company.

Although it’s unclear if ByteDance plans to sell, several possible bidders have come forward ahead of a ban on the platform that’s set to go into effect on Saturday.

Amazon has put in a bid to purchase TikTok, a Trump administration official said Wednesday, in an eleventh-hour pitch as a U.S. ban on the platform is set to go into effect Saturday.

Amazon.com has put in a bid to purchase TikTok, a Trump administration official said, in an 11th-hour pitch as a U.S. ban on the platform is set to

New bidders have surfaced for a TikTok acquisition, including Jeff Bezos of Amazon and OnlyFans founder Tim Stokely.

Amazon has placed a bid on TikTok, as the April 5 deadline nears for a potential sale of the social media company. If a deal does not emerge, the popular app could face a nationwide ban.

Donald Trump signed an executive order today to extend ByteDance’s deadline to sell TikTok’s U.S. business, which was set to arrive on April 5. With that, the new deadline is set for June 19, 2025. In a post to Truth Social, Trump said the deal “requires more work to ensure all necessary approvals are signed,” and that progress has been made.

The Spheres are reflected in one of Amazon's corporate office towers at the company's headquarters in Seattle. (GeekWire File Photo /) Move