Amazon bids to buy TikTok as U.S. ban looms

As the deadline for a nationwide TikTok ban approaches, Amazon has reportedly submitted a last-minute bid to purchase the popular app from its Chinese parent company, ByteDance. With national security concerns still at the forefront, tech experts say the move could have a major impact on the social shopping landscape—and on New York’s tech economy, where both TikTok and Amazon have large offices. FOX 5's Richard Giacovas breaks down what’s at stake, what could happen next, and why Amazon’s play may be more strategic than it appears.