Yahoo Finance

With a deadline for the TikTok ban days away, President Donald Trump was reportedly briefed on a framework to bring in new U.S. investors to keep the popular short-video app running. Tech giant Amazon also has reportedly made a late push for the social media app. The White House was close to approving a plan that would allow a group of investors to buy a stake in TikTok's U.S. operations, the Financial Times reported Wednesday, citing unnamed sources.