President Donald Trump said Monday evening that Microsoft is among the U.S. companies looking to take control of TikTok to help the popular app avert an effective ban that could kick-in in April.
Donald Trump seeks a "bidding war" for the app after years of pressure on ByteDance to sell its US operations over security concerns.
President Trump tells reporters on Air Force One that Microsoft is the latest contender in the race to buy TikTok's US operations.
President Donald Trump on Monday said Microsoft was in talks to acquire TikTok, shortly after the social media app went dark last week. He further suggested that he would like to see a bidding war over the popular platform.
Meta agreed to a $25 million settlement over a 2021 lawsuit President Donald Trump brought against Meta for suspending his accounts after the January 6th insurrection at the US Capitol. The Wall Street Journal was the first to report the news, and Meta spokesperson Andy Stone confirmed the settlement to The Verge.
The latest turn in the ongoing saga over TikTok in the United States has brought the balance of power among the three branches of government into the spotlight.
"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.
US President Donald Trump says Microsoft is in talks to acquire TikTok, while the app’s future in the country faces uncertainty.
Leavitt, 27, is the youngest White House press secretary in history. She served as the spokesperson for Trump's 2024 campaign and transition team.
President Donald Trump said Monday evening that Microsoft is among the U.S. companies looking to take control of TikTok to help the popular app avert an effective ban that could kick-in in April.
Recent comments by President Trump have stirred discussions, as he suggested that FEMA might need to be revamped or possibly even discontinued.