Donald Trump seeks a "bidding war" for the app after years of pressure on ByteDance to sell its US operations over security concerns.

History repeats itself, quickly it seems, as U.S. President Trump confirms that Microsoft is indeed in the running to buy TikTok.

President Trump said he “would say yes” to Microsoft buying TikTok but maintained that there are many interested parties that will be bidding to buy the app before a 75-day extension to decide its fate expires in April.

Considering Microsoft ends up buying TikTok, the company might be able to use the platform to boost its existing services, such as Bing Search. Bing Search is the main competitor to Google Search, and it has been rising in popularity for the last few years due to its quest to decentralize the search engine market.

With the clock ticking on TikTok's existence in the US, President Donald Trump claims Microsoft is interested in acquiring the social media platform.

US President Donald Trump has said that Microsoft is in discussions to acquire TikTok and that he would like to see a "bidding war" over the sale of the social media app. When asked by reporters whether the US tech giant was preparing a bid,

Microsoft, which declined to comment on the president’s remarks, had discussed buying TikTok in 2020, when Trump tried to force a sale of the app in his first term.

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.

The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. 'I like bidding wars because you make your best deals.

While Musk hasn't publicly expressed interest in acquiring TikTok, his $44 billion acquisition of Twitter (now X) in 2022 demonstrates his appetite for social media investments.

ByteDance's TikTok will invest 126.8 billion baht ($3.76 billion) in Thailand in a data hosting service, the Thai investment board said on Wednesday.