Microsoft is in talks to acquire TikTok, Trump claims
Microsoft is in talks to acquire TikTok, Trump claims
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US president says he would like to see a bidding war over app, owned by China’s ByteDance, that has been focus of national security concerns. Donald Trump has suggested that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app.
When asked if Microsoft was in talks to buy the app, the US president said “I would say yes”, adding “A lot of interest in TikTok. There’s great interest in TikTok.”. Microsoft, TikTok and ByteDance did not immediately respond to Reuters’ requests for a comment outside regular business hours, after the US president’s comments to reporters aboard Air Force One on Monday.
The reported talks mark the second time that Microsoft has been in the frame to acquire TikTok. During his first term, Trump ordered TikTok to separate its US version from ByteDance citing national security concerns. Microsoft emerged as a top bidder in 2020, but the talks soon collapsed, and Trump’s divestment push ended a few months later when he left office.
TikTok, which has about 170 million American users, was briefly taken offline this month, just before a law requiring its Chinese owner ByteDance to either sell it on national security grounds or face a ban that was to take effect on 19 January. Trump, after taking office on 20 January, signed an executive order seeking to delay by 75 days the enforcement of the law.
