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Will TikTok be banned in the U.S. by April 4, 2025?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
U.S. government announcements or credible news reports
Story
Trump Confirms Microsoft in Talks to Acquire TikTok from ByteDance, Seeks 50% U.S. Stake
Jan 28, 2025, 06:36 AM
U.S. President Donald Trump has confirmed that Microsoft Corp. is among the U.S. companies engaged in talks to acquire TikTok, the popular social media platform owned by China-based ByteDance Ltd. Trump expressed his desire for a bidding war over the app, suggesting that multiple companies are interested in purchasing TikTok. He extended the deadline for TikTok to find new ownership that satisfies the U.S. government by 75 days, from January 19 to April 4. Trump has indicated that he wants the ultimate buyer to give the U.S. a 50% stake in the company. This move comes as TikTok faces potential bans in the U.S. due to national security concerns related to its Chinese ownership. Microsoft, which previously attempted to acquire TikTok in 2020, has declined to comment on the current negotiations.
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