Microsoft Corp (NASDAQ: MSFT) is in talks to acquire ByteDance Ltd-owned TikTok US arm, President Donald Trump said. TikTok has 170M US users, accounting for 4% of the US digital ad market. Other bidders include AI startup Perplexity and Frank McCourt.
Magnificent 7 leaders such as Google and Microsoft have produced highly functional models, while fast-growing startup Anthropic’s Claude AI has won significant praise from membe
President Donald Trump says Microsoft (MSFT) is in talks to buy TikTok, according to a report from Reuters. Microsoft taking over TikTok would eliminate concerns about the social media platform's current parent company,
U.S. President Donald Trump confirmed Monday that Microsoft Corporation (NASDAQ: MSFT) is in discussions to acquire TikTok, aiming to keep the popular social media app under American ownership. Trump expressed interest
The Trump administration is negotiating a plan to save TikTok by involving Oracle (NYSE:ORCL) and U.S. investors to oversee the apps global operations, according to NPR. ByteDance, TikToks China-based parent company,
ByteDance (BDNCE) board member Bill Ford said ... CEO and leading MAGA campaign donor Elon Musk or Oracle's (ORCL) Larry Ellison buying the app. Several Wall Street figures have also shown ...
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.
A group of American investors, including YouTube star MrBeast and Roblox CEO David Baszucki, has secured over $20 billion for a potential TikTok takeover, but ByteDance has yet to respond to their bid.
This prompted the heavy selling of shares that have been boosted by the AI boom, namely chip stocks. In addition to Nvidia ( NVDA ), Broadcom ( AVGO) tumbled 17%, while the Taiwan Semiconductor Manufacturing Company's ( 2330.TW, TSM) US-listed shares ended Monday's session 13% in the red.
Other companies like Oracle ( ORCL ), Perplexity AI, and potentially even Tesla's ( TSLA) CEO Elon Musk are seen as potential contenders for TikTok. Trump has also said he’s privately spoken to “many people” about the company.
Microsoft and TikTok did not immediately respond to Reuters' requests for a comment outside regular business hours.
Investing.com-- U.S. President Donald Trump confirmed on Monday that Microsoft Corporation (NASDAQ: MSFT) was in talks over buying TikTok, and that he wanted to see a bidding war