TikTok's US Policy Chief Steps Down As Bidding War Heats Up After Trump Extends Deadline: Report - AppLovin (NASDAQ:APP), Amazon.com (NASDAQ:AMZN)
1. Michael Beckerman steps down from TikTok's U.S. policy role. 2. ByteDance granted a 75-day extension for TikTok's U.S. asset sale. 3. Amazon.com is reportedly exploring a bid for TikTok. 4. Increased competition for TikTok’s international operations is evident. 5. Beijing's resistance complicates the potential sale of TikTok.