"My Administration has been working hard on a deal to save TikTok and we have made tremendous progress,” Trump said.

On Saturday, April 5 the deadline for TikTok to be sold or be banned is due to come into force. Will the app close down again? And what will it mean?

TikTok video app is set to go dark— again — as TikTok ban goes into effect this week if ByteDance doesn't reach a deal. Here's what to know.

Amazon has made a last-minute bid to acquire TikTok as a nationwide ban on the platform looms. A Trump administration official confirmed the offer, which was sent in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick.

Amazon has told the White House it is interested in buying TikTok ahead of a key deadline by which its parent company, China-based ByteDance, must either sell the popular social media app or face a ban in the U.

This Saturday is the deadline for TikTok’s parent company ByteDance to sell the app’s U.S.operations or face a ban in the United States. CBS News has learned that Amazon has now put in a bid to buy TikTok.