U.S. President Donald Trump revealed on Monday that Microsoft is in discussions to acquire TikTok, expressing his preference for a competitive bidding process over the app.
TikTok’s Uncertain Future
The video-sharing platform, with an estimated 170 million U.S. users, has been at the center of controversy over national security concerns. TikTok was briefly taken offline earlier this month as a law requiring its Chinese parent company, ByteDance, to sell the app or face a ban took effect on January 19.
After assuming office on January 20, Trump signed an executive order delaying the law’s enforcement by 75 days to allow more time for negotiations. The administration has been exploring potential buyers to address concerns over the misuse of American users’ data.
Microsoft Leads the Talks
While Microsoft and TikTok have not commented on the matter, Trump mentioned ongoing discussions with multiple parties interested in acquiring TikTok. He emphasized his desire for a competitive process that could result in a more favorable outcome for the app’s future.
Broader Implications
The deal could reshape the tech landscape, bringing a high-profile platform under U.S. ownership. However, it also highlights the complexities of navigating national security concerns in a globalized tech economy.
With a decision expected within the next 30 days, the fate of TikTok remains uncertain as Microsoft emerges as a frontrunner in the acquisition talks.