Microsoft

Reuters is reporting exclusively that TikTok is preparing to mount a legal challenge as early as Monday to President Donald Trump’s executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance

In the race against the clock set by the Trump administration, a binding deal to buy the controversial but wildly popular Chinese-owned app TikTok will most likely be signed with a U.S. suitor by the mid-September deadline, but the actual close of the deal could come several months later due to President Trump’s shifting and extending key deadlines, FOX Business has learned.

Oracle Corp. has expressed an interest in acquiring the popular Chinese social video app TikTok, a new report said Tuesday. 

Last week, Trump had ordered sweeping but vague bans on dealings with the Chinese owners of TikTok and the messaging app WeChat, saying they are a threat to U.S. national security, foreign policy and the economy.

Microsoft’s Surface Duo smartphone now has a launch date and price tag. 

The country's biggest tech companies are condemning the Trump administration's decision to suspend temporary worker visas amid COVID-19.

A number of large companies, including tech giants Amazon, Google, IBM and Microsoft have signed a pledge to hire 100,000 New Yorkers from low-income and diverse communities by 2030.

The New York Jobs CEO Council, which counts chief executives from 27 firms among its members, aims to hire 100,000 people from low-income Black, Latino and Asian communities by 2030.

The value of TikTok’s parent company, ByteDance, is reportedly under pressure nearing the either forced sale or ban of its most valuable asset.

The move by Blackstone comes as ByteDance is facing pressure from the White House to sell TikTok to a U.S. company or face the likelihood that the app will be banned in the U.S. over concerns that the Chinese government uses customer data for surveillance purposes.

TikTok, owned by Chinese firm ByteDance, has been deemed a national security threat by the Trump administration, which argues the company could potentially share users' data with the Chinese government.

Social media giant TikTok is planning to sue the Trump administration over its ban of the app in the United States as soon as next Tuesday, according to an NPR report.

Social media giant TikTok is rolling out three new measures ahead of the U.S. election to combat misinformation and political interference on the platform.

Microsoft is looking for partners to share the burden of a potential TikTok purchase. The short form video sharing app could be worth $50 billion.

Sen. Josh Hawley wants Microsoft to ensure TikTok severs all ties with its Chinese parent company ByteDance and the Chinese Communist Party (CCP) during any potential purchase of the popular video app.

President Trump claimed on Wednesday that Microsoft and other companies interested in buying TikTok's U.S. business have agreed to a "big payment" to the U.S. Treasury should they finalize a deal.

Companies including Facebook and Alphabet’s Google have kicked the tires on the popular and now controversial short video platform, and while each remains broadly interested in the app or at least competing with the app in some way, these companies may be shut out due to antitrust issues, legal sources tell FOX Business.

President Donald Trump said Tuesday that multiples companies besides Microsoft have contacted the White House about purchasing Chinese-owned social media giant TikTok. 

ByteDance founder Zhang Yiming said in a letter addressed only to his China-based staff on Tuesday that TikTok could face added uncertainty as “anti-Chinese sentiment” has continued to grow abroad.

President Trump gave his verbal approval to a potential deal between TikTok and an American company.