Other potential buyers include the philanthropist Frank Mccourt ’s Project Liberty, which is raising capital to make a bid for TikTok in order to “rearchitect the platform” and protect user data. McCourt is a billionaire who previously owned the Los Angeles Dodgers baseball team. The project is supported by the social psychologist Jonathan Haidt.
It was late Monday that President Trump informed reporters that Microsoft has been in negotiations with ByteDance regarding a potential TikTok acquisition, according to Reuters. Despite the President’s claims, Microsoft and ByteDance have declined to comment on the matter.
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.
The plan to save TikTok involves software company Oracle and a group of outside investors effectively taking control of the app's global operations, two sources with
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
President Trump on Monday said Microsoft is one of the technology companies eyeing TikTok to keep the app in the United States amid a looming government ban. When asked if Microsoft was one of the
TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.
I would say, yes,” Trump told reporters aboard Air Force One when asked if the software giant was bidding to buy TikTok from its Chinese parent company ByteDance.
TikTok and other ByteDance-owned apps have been removed from the App Store, but why aren’t they available anymore?
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 told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app. Microsoft declined to comment. TikTok and ByteDance did not immediately respond to Reuters' requests for a comment outside regular business hours.