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Microsoft in Talks to Acquire TikTok Amid National Security Concerns, Trump Hints at More Bidders

President Trump confirms Microsoft is negotiating to acquire TikTok, aiming to secure a U.S. stake amid looming government actions against the app.

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Overview

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President Trump has disclosed that Microsoft is in discussions to acquire TikTok to prevent its ban in the U.S. Amid claims of interest from multiple parties, Trump expressed his preference for a bidding war to ensure favorable deals, stressing that any agreement should benefit the United States. The deadline for ByteDance, TikTok's parent company, to divest is extended to April 4. Additionally, Perplexity AI has proposed a merger that would allow U.S. government involvement in the new company. China's recent openness to negotiations contrasts its earlier stance against forced sales as international interest in TikTok intensifies.

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