US President Donald Trump has said Microsoft is in discussions to acquire TikTok and that he would like to see a "bidding war" over the sale of the social media app.

Tech giant Microsoft is in discussions to buy TikTok, the popular social media app known for its short videos. This revelation came from U.S. President Donald Trump, who confirmed that the company is considering a bid.

Microsoft reportedly has an interest in acquiring TikTok. According to BBC, President Donald Trump has revealed the tech company would like to purchase the platform and adds that there is “great interest in TikTok” from several companies.