President Donald Trump says 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. When asked Monday if Microsoft was one of the companies interested in helping to bring about a new ownership of TikTok, Trump said he “would say yes.
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Trump added that other companies were also interested in purchasing TikTok, but wouldn’t provide a list. In one of his first acts in office last week, Trump extended the deadline for TikTok to find new ownership that satisfies the government by 75 days, to April 4 from January 19. In media interviews last week, Bill Ford, the chairman of the global investing firm General Atlantic and a ByteDance board member, said the company is prepared to engage with the Trump administration and Chinese officials to find a solution that keeps TikTok available. He also floated the idea that there could be a solution short of a full divesture by ByteDance.
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