US President Trump says Microsoft is negotiating to acquire Tiktok
Amidst anarchy over Tiktok’s ownership, US President Donald Trump confirmed that Microsoft was consulting to acquire Chinese social media platforms.
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US President Donald Trump told reporters on Monday that Microsoft was negotiating to acquire Tiktok and would like to see a bid war on the app. Microsoft refused to comment. Tikokkok and Bidens did not immediately respond to Reuters’ requests for a comment out of commercial hours regularly.
Tikok, which has approximately 170 million American users, was taken offline just before a law, which either needed to sell his Chinese owner’s sermon on national security basis or faced a ban on 19 January.
After taking office on 20 January, Trump signed an executive order, seeking a delay of 75 days in the enforcement of the law. Trump said last week that he was interacting with many people to buy Tikok and possibly a decision on the future of the popular app in 30 days.
The US President earlier said that he was open to billionaire Elon Musk to buy social media apps if Tesla’s CEO wanted to do so. However, Musk has not publicly commented on Trump’s proposal.
Recently, AI Startup Perplexity AI proposed to merge with Tikok on Sunday, in which the US government reached half of the new company in the future, a source told the Reuters on Sunday. The reported conversation marks the second time that Microsoft has been in the frame to acquire Tiktok.
During his first term, Trump ordered Tikokk to separate his American version, with its American version separating national security concerns.
Microsoft emerged as a top bidder in 2020, but the negotiations soon collapsed, and Trump’s partition pushed ended a few months later when he left the post.
Microsoft CEO Satya Nadella said that “the most strange thing I have ever worked.”
The US government had “a special set of” requirements and then it just disappeared, “he said in 2021.