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social media acquisition News

Amazon Steps Into the Spotlight with Bid to Acquire TikTok US Operations Amid Ban Threats

Michael Lee 03 Apr, 2025

Amazon.com Inc. has made a bid to acquire TikTok's US operations as the platform faces a potential ban in the United States. The move comes amid concerns over TikTok's Chinese owne...

Business

Elon Musk's xAI Makes a Bold Move: Acquires Social Media Giant X in a Landmark Deal

Sarah Mitchell 29 Mar, 2025

Elon Musk's xAI acquires social media platform X in a landmark all-stock deal, aiming to blend AI innovation with social media's reach for smarter user experiences. The deal values...