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President Donald Trump told reporters thatMicrosoft is in talksto acquire TikTok ’s U.S. operation , Bloomberg reports . Although Trump did n’t elaborate , he stated that “ there ’s great pursuit in TikTok ” and that there will be “ a raft of citizenry bid on it . ”
Microsoft and Oracle were in the running play to take the ByteDance - owned app back in 2020 when Trump first pressured the social electronic web to shed its Chinese possession or look a ban .
Trumpsigned an executive orderlast workweek to delay the TikTok ban deadline by 75 24-hour interval and recount the Department of Justice not to enforce the forbiddance ’s penalties . While the app is back online , it ’s still overleap from app stores .
It ’s worth note that Perplexity AI hassubmitted a proposalto meld with TikTok . Billionaire Frank McCourt has also made a stately offer to grease one’s palms the societal mesh . In addition , Trump previously say he would beopen to Tesla CEOElon Musk or Oracle chairperson Larry Ellison buying TikTok .