Recent reports highlight Microsoft’s current negotiations to buy over TikTok’s American operations. This revelation was made by President Trump, indicating a notable movement in the tech market. Trump is confident that the popular social media platform will have various potential buyers.
Last year, amidst pressure from Trump, TikTok was on the brink of being snapped up by Oracle or Microsoft. Trump now seeks to extend the time limit for the potential banning of TikTok by 75 days via an executive order. This move instructs the Department of Justice to ignore penalties related to the restriction. However, TikTok’s absence from the app stores persists.
Companies like Perplexity AI have indicated their interest by putting forward a proposal to merge with TikTok. High-profile individuals, such as billionaire Frank McCourt, have shown interest in owning the network. Trump has also revealed his willingness to have TikTok under the ownership of top executives like Tesla’s Elon Musk or Oracle’s Larry Ellison.
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