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Microsoft to Acquire TikTok: A Turning Point in Digital Entertainment
Technology

Microsoft to Acquire TikTok: A Turning Point in Digital Entertainment

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President Donald Trump announced during an evening address on Monday that Microsoft emerged as one among several US companies to acquire TikTok with plans to prevent the Chinese application from losing its US operations in April.

When asked by reporters if Microsoft was among the potential new owners of TikTok President Donald Trump responded with a “yes.”

On Monday Trump revealed that several businesses were bidding to acquire TikTok yet he declined to disclose their names.

As Trump addressed reporters on his Air Force One flight he explained “I like bidding wars because you make your best deals.”

Microsoft and TikTok failed to provide immediate response to our request for comment.

Months after taking office Trump extended TikTok’s ownership deadline to April 4 from January 19 by adding 75 days to the agreement length.

The president requires an ultimate owner who will grant a 50% stake to the United States for the Chinese ByteDance-owned company. The extent of proposed control over TikTok remains unclear because Trump has not specified whether he wants government oversight or U.S. corporate control.

An artificial intelligence startup called Perplexity AI delivered a proposed framework to ByteDance that would let the U.S. government acquire a maximum ownership stake of 50% in combined company holding Perplexity and TikTok U.S. operations. Sources familiar with the deal provided this information.

Multiple investors comprising Frank McCourt along with former Treasury Secretary Steven Mnuchin and others have made declarations about their intention to buy TikTok’s US operation. Trump declared during interviews that he shared details with numerous individuals about the operations involving the company.

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ByteDance persisted with its court battle against the bipartisan law that former President Joe Biden signed in April while declaring the company had no intention to sell TikTok before the congressional deadline. From a diplomatic perspective China expressed disagreement with Washington’s push for divestment yet currently demonstrates new flexibility in their position.

ByteDance board member Bill Ford from General Atlantic indicated to media outlets that the company stands ready to meet with both Trump administration officials and Chinese diplomats to secure TikTok’s survival while speaking during interviews last week. Bill Ford told the media that ByteDance might be able to keep TikTok operational even without a complete company divestment.

National security issues have aroused concern from both parties among law enforcement personnel because ByteDance’s Chinese control of TikTok threatens political manipulation on this popular service used by 170 million US users.

The president initially backed a TikTok ban until he changed his stance in 2020. During the last presidential election Trump said the innovative application helped his campaign win people aged between 18 to 25 years.

Microsoft CEO Satya Nadella acknowledged that the company formed a partnership with Walmart to make a TikTok acquire under President Trump’s first term which fell through. Retrospectively he labeled this outgoing attempt as his strangest career work.

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Rajveer Sekhawat

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