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

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. “I would say yes,

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.

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.

Microsoft Corp. is in talks to acquire the US arm of ByteDance Ltd.’s TikTok, President Donald Trump said Monday night, without elaborating.

President Trump reveals Microsoft is in talks to acquire TikTok after the app briefly went offline amid a looming ban over data concerns.

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.

Per The Guardian, when a reporter aboard Air Force One on Monday asked if Microsoft was in talks to buy TikTok, Trump said, "I would say yes," adding that there is "a lot of interest in TikTok. There’s great interest in TikTok." BBC News reported that Trump said he'd like to see a "bidding war" over the sale.

Tech giant Microsoft is in discussions to buy TikTok, the popular social media app known for its short videos. This revelation came from U.S. President Donald Trump, who confirmed that the company is considering a bid.