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    Home » Microsoft in discussions to acquire TikTok, Trump seeks competitive bidding
    Tech World

    Microsoft in discussions to acquire TikTok, Trump seeks competitive bidding

    The US President hopes to see competitive bids for TikTok as discussions with Microsoft and other parties continue.
    Trainee ReporterBy Trainee ReporterJanuary 28, 2025
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    TikTok
    Image Courtesy: Geri Tech@Pexels | Cropped by BH

    United States: US President Donald Trump has confirmed that Microsoft is in discussions to acquire TikTok, expressing a desire to see a “bidding war” for the prevalent social media app. In response to reporters’ questions about the tech giant’s involvement, Trump stated that, “I would say yes,” adding that multiple organisations have shown great interest in purchasing the app.

    This move persists with the pressure Trump and former President Joe Biden have exerted on TikTok’s Chinese parent company, ByteDance, to sell its US operations due to national security concerns. Despite the Biden Administration’s efforts to ban TikTok, Trump recently marked an executive order to delay the ban, giving the app’s 170 million US users a reprieve.

    Microsoft in discussions to acquire TikTok
    Image Courtesy: Angel Bena@Pexels | Cropped by BH

    Trump had previously initiated discussions with potential buyers, including Microsoft, and emphasised the extent of keeping TikTok free from Chinese influence. He stated that, “If we can save all that voice and all the jobs, and China won’t be involved, we don’t desire China involved, but we’ll see what happens.”

    While Microsoft has not remarked further on the situation, other notable figures, including businessman Frank McCourt and Shark Tank investor Kevin O’Leary, have also expressed interest in acquiring the app.

    Additionally, the world’s most-followed YouTuber, Jimmy “MrBeast” Donaldson, has claimed to be in the running for a potential TikTok purchase after acquiring investor interest. As the discussions continue, all eyes are on how the bidding process will unfold in the coming weeks.

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    The news/article published above has been sourced, compiled, and corroborated by a Trainee Reporter at Britain Herald. If you have any queries or complaints about the published material, please get in touch with us at BritainHerald@Gmail.Com

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