President Donald Trump told reporters that Microsoft is in talks to acquire TikTok's U.S. operations, Bloomberg reports. Although Trump didn't elaborate,
President Trump tells reporters on Air Force One that Microsoft is the latest contender in the race to buy TikTok's US operations.
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.
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.
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.
President Trump reveals Microsoft is in talks to acquire TikTok after the app briefly went offline amid a looming ban over data concerns.
DeepSeek just took the market by storm, launching a large-language artificial intelligence (AI) model very similar to OpenAI's ChatGPT but at a fraction of the development cost, at least according to the Chinese start-up behind the technology.
The offer from MrBeast’s group raises the stakes in an already competitive race.
A consortium led by MrBeast aims to acquire TikToks US operations for $20 billion amid rising bids and government scrutiny.