Amazon is reportedly gearing up to make a significant bid to buy TikTok, with news breaking from major sources like the New York Times and Yahoo Finance. This move comes as a race against time as deadlines loom. The deal could reshape the social media scene, merging Amazon's e-commerce prowess with TikTok's viral video culture.

Highlights:

• Amazon's potential acquisition aims to leverage TikTok's massive user base.
• Deadline pressure is mounting, pushing Amazon to act swiftly.
• Andreessen Horowitz is also in talks to facilitate the buyout from TikTok's Chinese owners.

Here's the full scoop.