In America, the controversy over Tiktok is increasing once again. The White House is trying to sell this Chinese short video app to an American company to eliminate suspicion on China that it is spying on American citizens through this app. But this deal has a new twist – Amazon has offered to buy Tiktok, but Trump’s team is not supporting it.
Why Amazon is not in favor of buying?
Now the question arises as to why this is happening, whereas the tension between Jeff Bezos and Donald Trump was now ending now. Earlier this year, Bezos attended Trump’s inauguration with her fiance Lauren Sanchez and also gave a million dollar ‘Peace Offering’. Not only this, his newspaper ‘The Washington Post’ is also seen leaning in favor of Trump.
Nevertheless, when the Trump administration was moving towards banning Tiktok, suddenly Amazon offered to buy Tiktok. Amazon is planning to purchase not only Tiktok’s operation but also the entire global business in the US, which can be a deal of about $ 200 billion.
Accused of incomplete preparation
Although Amazon does not have a shortage of money – the company has a cash reserve of more than $ 100 billion by the end of the year and the remaining amount can be easily raised by taking a loan – yet it will be difficult to get American regulatory approval without the support of the Trump government. According to sources, people close to the Trump administration have described Amazon’s dialect as “incomplete preparation”. The question was raised, why did Amazon bid at the last moment? An official said, “Why did they come when the time was coming to an end?”
Tiktok sales complications
Tiktok’s sale in America was not an easy task. For months, the US administration has been struggling with this deal, but China’s law and government are coming up as a major obstacle in it. According to American law, if Tiktok does not leave China, it may be banned in the US.
The Chinese government is taking a tough stance on this deal. The biggest obstruction is about Tiktok’s “algorithm”, that is, the technology that users keep them tied on the app by showing personalized videos. China wants Tiktok to be sold, but America does not get the entire control of algorithm.
The final decision of this entire case may be clear in the coming weeks. At the moment, it is certain that Tiktok sales have become a major political and technical challenge.
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