Microsoft in Race to Buy TikTok Amid Trump’s Demands for Sale

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Tejaswini Deshmukh
Tejaswini Deshmukh
Intrigued by the intersection of finance and technology, I delve into the latest RegTech advancements. With a keen eye for unraveling the complexities of compliance, I dissect current financial news and frauds.

Tech giant Microsoft is in discussions to buy TikTok, the popular social media app known for its short videos. This revelation came from U.S. President Donald Trump, who confirmed that the company is considering a bid. He also suggested that multiple parties are interested in acquiring TikTok, which has over 170 million users in the United States.

TikTok is owned by the Chinese company ByteDance, and for years, U.S. leaders have raised concerns about its ties to China. Both Trump and former President Joe Biden have pushed for the company to sell its U.S. operations, citing national security risks. Officials worry that American user data could be accessed by the Chinese government, a claim that TikTok has repeatedly denied.

Trump, now in his second term as President, recently signed an executive order delaying a Biden-era ban on the app, which briefly made TikTok unavailable in the U.S. Despite granting the company temporary relief, Trump has been a key figure in pressuring ByteDance to sell its U.S. operations. In 2020, ByteDance approached Microsoft as a possible buyer, but the talks did not result in a deal. Instead, TikTok turned to another tech company, Oracle, though that deal also failed to materialize.

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Now, Microsoft is back in the conversation. While the company has not confirmed any new plans to buy TikTok, Trump has hinted that discussions are active. When asked about Microsoft’s involvement, a spokesperson for the company simply said, “Nothing to share at this time.”

Trump Wants a Bidding War

President Trump has expressed strong opinions on the sale of TikTok. Speaking to reporters, he said he would like to see multiple companies bidding to buy the app. According to him, several investors and businesses are interested in TikTok’s U.S. operations.

“If we can save all those voices and jobs, and China won’t be involved, that’s what we want,” Trump stated. He emphasized that he does not want China to have any influence over the app’s future. His administration has long argued that TikTok poses a security risk, which is why they have tried to force ByteDance to sell the company.

During a speech to Republican lawmakers in Florida, Trump reaffirmed that he expects a decision on TikTok’s future within 30 days. He did not name the other companies interested in acquiring TikTok, but previous reports have linked multiple investors to the sale.

Microsoft is not the only name that has surfaced. In recent weeks, billionaire investors and even famous YouTubers have shown interest in purchasing TikTok. However, no deal has been finalized, and it remains unclear whether a sale will actually take place.

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The Uncertain Future of TikTok

TikTok has been at the center of political and business debates for years. The app is widely popular among young users in the U.S., where it serves as a platform for entertainment, creativity, and even business promotion. However, its connection to China has raised alarms among U.S. lawmakers, who fear that user data could be shared with the Chinese government.

The push to sell TikTok is not new. Back in 2020, Microsoft described its discussions with ByteDance as “the strangest thing,” and the deal eventually fell through. TikTok later explored a partnership with Oracle, but that plan also never came to life.

Now, with a new executive order delaying TikTok’s ban, the company finds itself in a familiar position—facing pressure from the U.S. government to sell. Whether Microsoft or another company steps in to acquire TikTok remains uncertain, but what is clear is that discussions are happening behind the scenes.

A TikTok spokesperson has yet to comment on the latest developments. Meanwhile, Microsoft remains silent on whether it will officially move forward with a bid. With Trump pushing for a sale and a growing number of investors showing interest, the future of TikTok in the U.S. is once again up in the air.

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