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Trump says Microsoft looks at Tiktok’s acquisition, demands a war of offers on the application

Trump says Microsoft looks at Tiktok’s acquisition, demands a war of offers on the application

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Image Source: AP President of the United States Donald Trump

Tiktok Deal: The president of the United States, Donald Trump, said on Monday night that Microsoft is Microsoft is one of the US companies interested in acquiring Tiktok, with the aim of helping popular application to avoid an effective prohibition that could begin in April . He also said that other companies were also interested in buying the application, although it did not provide specific names.

“I would say yes,” Trump told reporters when asked if Microsoft was one of the companies interested in helping to achieve a new property of Tiktok, a requirement established by Congress to maintain the application working in the United States.

‘I like offers wars’

“I like offers wars because you make your best offers,” Trump said while talking to journalists aboard Air Force One while flying from Miami, where members of the Republican Chamber were celebrating a conference, back to Washington.

In one of his initial actions in office last week, Trump extended the deadline for Tiktok to ensure a new property that meets government’s approval in 75 days, which takes it from January 19 to April 4.

The president has said that he wants the final buyer to grant the US. However, the details are not clear, and it is still uncertain if it is suggesting government control of the application or the property of another American entity.

Perplexity to new proposal for byte

Last week, the perplexity of the artificial intelligence startup presented a new proposal to the byte that would allow the United States government person familiar with matter.

Other investors, including billionaire Frank McCourt and former Treasury Secretary Steven Mnuchin, have publicly expressed interest in buying the American Tiktok platform. Trump has also mentioned that he has had private discussions with “many people” about the company.

After the bipartisan law was signed by former President Joe Biden in April, Bytedance said he had no plans to sell the platform and fought against the statute in court for months. China also rebuked Washington for the impulse of divestment, although more recently it seems to be softening its position.

In the media interviews last week, Bill Ford, president of the Global General Atlantic investment firm and member of the Bytedance Board, said the company is prepared to interact with the Trump administration and Chinese officials to find a solution Keep Tiktok available. He also raised the idea that there could be a solution less than a complete divestment by Bytedance.

Legislators and officials of both parties have raised national security concerns about Chinese property and the possible manipulation on the immensely popular platform, which is used by more than 170 million US users.

Trump was in favor of a Tiktok ban before reversing his position last year. He gives credit to the platform for helping him win more young voters during the recent presidential elections.

Microsoft, together with Walmart, made a failed offer by Tiktok during Trump’s first mandate after Trump tried to ban the application. Microsoft’s CEO, Satya Nadella, described it later as the “most strange thing I have worked on.”

(With AP tickets)

Also read: Israeli Prime Minister Benjamin Netanyahu will probably meet with Donald Trump next week in Washington

Also read: PM Modi is likely to visit the White House in February, says Donald Trump after a productive phone call



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