Donald Trump, the President of the United States, has now shared with reporters that Microsoft is in talks to take over TikTok's operations in the United States. However, no further information regarding this has been shared. So, what should you know about it?

For your information, the new US president also said that there are various parties expressing interest in TikTok. This is in line with the government's directive to require that at least 50% of TikTok's operations in the US be owned by local firms.

Previously, it was reported that Oracle was also bidding to acquire TikTok's operations, with several investors including Microsoft joining in. It is not known whether Microsoft is also trying its luck privately in acquiring the popular social media company.

At this time, it is unknown whether ByteDance will choose to sell its operations or close them completely in the United States. So, we should wait for more confirmation from the relevant authorities soon.

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