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Trump says Microsoft is in talks to acquire TikTok
President Donald Trump told reporters that Microsoft is in talks to acquire TikTok's U.S. operations, Bloomberg reports. Although Trump didn't elaborate,
Although Trump didn’t elaborate, he stated that “there’s great interest in TikTok” and that there will be “a lot of people bidding on it.” Microsoft and Oracle were in the running to acquire the ByteDance-owned app back in 2020 when Trump first pressured the social network to shed its Chinese ownership or face a ban. In addition, Trump previously said he would be open to Tesla CEO Elon Musk or Oracle chairman Larry Ellison buying TikTok.
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