Microsoft is negotiating for TikTok acquisition, says Trump

Source Cryptopolitan

According to President Donald Trump’s Monday announcement, Microsoft is negotiating to buy TikTok. Trump also welcomes a bidding war over the app.

The social platform TikTok, which serves 170 million users in the United States, went offline temporarily on January 19 before a regulating law came into force. North American national security regulations force TikTok’s Chinese parent company, ByteDance, to divest its ownership of the app or face an imminent operational ban.

According to a Reuters report, Microsoft has tried acquiring the Chinese platform previously as well. In Trump’s first term, President Trump voiced security concerns about TikTok and pushed for its American operations to become independent from ByteDance.

By 2020, Microsoft had positioned itself as the chief bidder to take over the video-making platform, yet it had failed to formulate a successful agreement. TikTok divestment talks reached no conclusion shortly before Donald Trump ended his presidential term.

Reflecting on the 2020 negotiations, Microsoft CEO Satya Nadella described it as “the strangest thing I’ve ever worked on.” He later commented that the U.S. government had strict conditions for the deal that eventually “just disappeared.”

After his inauguration on Jan. 20, 2025, Trump signed an order postponing the ByteDance divestment rule for 75 days.

Trump to make decision for Tiktok acquisition within 30 days

President Trump confirmed last week that he was discussing the app’s potential future with multiple parties and expected to reach a decision in the coming month. He also expressed his favor of Elon Musk acquiring it if he is interested. However, Musk has not commented on the offer.

According to insiders, AI startup Perplexity AI put forward a proposal to merge with TikTok last Sunday, which included the possibility of the U.S. government acquiring 50% ownership in the new entity.

Cryptopolitan Academy: Are You Making These Web3 Resume Mistakes? - Find Out Here

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, 2024
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Markets in 2026: Will gold, Bitcoin, and the U.S. dollar make history again? — These are how leading institutions thinkAfter a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Author  Insights
Dec 25, 2025
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
placeholder
Financial Markets 2026: Volatility Catalysts in Gold, Silver, Oil, and Blue-Chip Stocks—A CFD Trader's OutlookGet a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Author  Rachel Weiss
May 15, Fri
Get a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
placeholder
Gold Price Forecast: US Treasury Yield Slump Pushes Gold Above $4,500, Will Gold Keep Rising?As of the Asian session on August 20, gold prices (XAUUSD) surged again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12 before pulling back i
Author  TradingKey
Aug 20, Thu
As of the Asian session on August 20, gold prices (XAUUSD) surged again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12 before pulling back i
placeholder
Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gainsEthereum (ETH) treasury company BitMine Immersion Technologies (BMNR) expanded its digital asset holdings last week with another round of acquisitions.
Author  FXStreet
9 hours ago
Ethereum (ETH) treasury company BitMine Immersion Technologies (BMNR) expanded its digital asset holdings last week with another round of acquisitions.
goTop
quote