Amazon tells White House it's interested in buying TikTok

Amazon has told the White House it is interested in buying TikTok ahead of a key deadline by which its parent company, China-based ByteDance, must either sell the popular social media app or face a ban in the U.S., CBS News has learned, according to two people familiar with discussions. 

Amazon has submitted a bid for the app, the New York Times reported earlier, citing people familiar with the matter. 

Both Amazon and TikTok declined to comment on the matter.