Donald Trump seeks a "bidding war" for the app after years of pressure on ByteDance to sell its US operations over security concerns.
I would say, yes,” Trump told reporters aboard Air Force One when asked if the software giant was bidding to buy TikTok from its Chinese parent company ByteDance.
With the clock ticking on TikTok's existence in the US, President Donald Trump claims Microsoft is interested in acquiring the social media platform.
President Trump said he “would say yes” to Microsoft buying TikTok but maintained that there are many interested parties that will be bidding to buy the app before a 75-day extension to decide its fate expires in April.
Considering Microsoft ends up buying TikTok, the company might be able to use the platform to boost its existing services, such as Bing Search. Bing Search is the main competitor to Google Search, and it has been rising in popularity for the last few years due to its quest to decentralize the search engine market.
President Trump told reporters Monday that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the popular app.
President Trump reveals Microsoft is in talks to acquire TikTok after the app briefly went offline amid a looming ban over data concerns.
Microsoft, which declined to comment on the president’s remarks, had discussed buying TikTok in 2020, when Trump tried to force a sale of the app in his first term.
The investment by TikTok Pte., the Singapore-based unit of the Chinese tech giant, has received approval from the Thailand Board of Investment.
A well-known YouTuber has hinted at his interest in purchasing TikTok, making an already-complicated situation even murkier.
Multiple investors are going into a bidding war. A consortium of American investors is planning to acquire TikTok, reported Bloomberg. Led by