Discussions about a possible deal between Microsoft and TikTok are back in the headlines. Former US President Donald Trump recently indicated that tech giant Microsoft is in discussions to buy Chinese-origin social media app TikTok. Trump said, “I would say yes”, when asked if Microsoft is preparing to buy TikTok. He also said that several companies have a “deep interest” in TikTok, which could lead to a “bidding war” for this sale.
US Government pressure on TikTok: TikTok’s parent company ByteDance has long been questioned about US national security. Both Trump and his successor president joe Biden have pressured TikTok to remove it from the US market or sell its US operations. The move has been taken due to fears that TikTok’s data could fall into the hands of the Chinese government.
in 2020, Trump had ordered a ban on TikTok, but recently he gave it a 75-day reprieve. TikTok has around 170 million users in the US, and the app is quite popular among American youth.
The Story of Microsoft and TikTok: in 2020 ByteDance approached Microsoft as a potential buyer of TikTok. Microsoft’s CEO Described it as the “Strangest proposal.” However, TikTok later chose oracle as its partner, but this deal could not be completed either,
Microsoft has refused to make any official statement on the issue at the moment. A company spokesperson said, “We have nothing to share at this time.”
who could be the potential buyers?
Trump has indicated that several companies and investors are showing interest in TikTok. These include names like shark tank investor Kevin O’Leary, billionaire frank McCart, and even famous YouTuber MrBeast said in one of his tweets that some investors have approached him and he is interested in buying TikTok.
will TikTok be Sold: Trump recently said that if TikTok is sold, it will not only save the app but will also ensure the safety of American Jobs. He also made it clear that it is necessary to keep china out of this deal.