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New York Post
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Amazon makes shock last-minute bid to buy TikTok: report

1. Amazon submitted a surprise bid to buy TikTok from ByteDance. 2. Negotiators consider Amazon's offer somewhat unserious, lacking bid details. 3. TikTok sale could exceed $40 billion, pending regulatory approval. 4. Congress demands divestment of Chinese control for TikTok's viability. 5. Bezos's relationship with Trump may influence TikTok acquisition dynamics.

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FAQ

Why Bullish?

Amazon’s move enters it into the high-growth social media sector, potentially driving future revenues. Similar acquisitions have historically led to stock price surges due to growth expectations.

How important is it?

The bid reflects Amazon's aggressive strategy to diversify and expand, indicating strong competitive intentions.

Why Short Term?

The urgency of the TikTok sale indicates immediate implications, but long-term integration success remains uncertain.

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