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0.00010759629868738 0.00010759629868738 0.00457284269421129 0.000322788896061988 0.0038734667527437 -0.0137723262319776 -0.0103830428233268 -0.00704755756401981
Stock impact report

Amazon tells White House it's interested in buying TikTok [CBS News]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: CBS News
either sell the popular social media app or face a ban in the U.S., CBS News has learned, according to two people familiar with discussions. Amazon has submitted a bid for the app, the New York Times reported earlier, citing people familiar with the matter. Both Amazon and TikTok declined to comment on the matter. Amazon's bid comes after lawmakers last year passed a bill setting a Jan. 19 deadline for the sale, which Mr. Trump extended for 75 days. He set a deadline of Saturday, April 5, for ByteDance to either sell its stake in the app or be forced to shut down in the U.S. The retail giant made the offer in a letter addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick, according to people familiar with the matter, the New York Times reported. Retail industry analysts say Amazon's interest in TikTok underscores the social app's importance to online retailers, given its ability to drive e-commerce purchases. "While Amazon is the No. 1 destination for Show less Read more
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