01:20 PM EDT, 04/02/2025 (MT Newswires) -- The Trump administration has considered several options in recent weeks to avert a TikTok ban, including a scenario in which investors outside of China increase their ownership, while ByteDance retains a stake to keep ownership of the algorithm that guides what users see, The Washington Post reported Wednesday, citing sources.

Amazon.com ( AMZN ) made a last-minute bid to acquire TikTok's US operations, but it was not seriously considered by the White House, according to the Washington Post, citing The New York Times.

Trump on Wednesday will meet with other officials from its administration involved in negotiations to find a new owner for TikTok. The ban is scheduled to take effect Saturday.

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