TikTok

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.

President Trump reiterated on Monday afternoon that he fine with Microsoft or another American tech company buying TikTok, but said that a “large percentage” of the sale should go into the U.S. Treasury.

President Trump gave his verbal approval to a potential deal between TikTok and an American company like Microsoft on Monday, but said TikTok had until Sept. 15 to close such a deal or face a U.S. ban.

"We should not be allowing Chinese communist software in the hands of Americans," Navarro said.

Microsoft confirmed Sunday that it was in talks over a potential TikTok purchase.

Microsoft confirmed talks between CEO Satya Nadella and President Trump and said the tech giant is "committed" to acquiring TikTok.

The app's Chinese owner, ByteDance, agreed Saturday to divest its American business in an attempt to continue operating within the world's largest economy.

China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.

President Trump said Friday that his administration is considering banning the Chinese-owned social media app TikTok amid rising security concerns.

In a federal lawsuit, Triller alleges TikTok infringed on its patent entitled “systems and methods for creating music synchronized with an audio track.”

TikTok CEO Kevin Mayer slammed Facebook for anti-competitive behavior in a Wednesday statement.

Some ByteDance investors are valuing TikTok at about $50 billion, according to people familiar with the matter.

As the controversial social media company TikTok faces scrutiny from the U.S. government and possible closure, one of its chief rivals is wasting no time to try and overtake it by raising hundreds of millions of dollars and stealing users FOX Business has learned. 

Facebook's Instagram is offering financial incentives to TikTok users to join its competitor app, Reels.

Touchland Power Mist Moisturizing Hand Sanitizer went viral on TikTok with its stylish spray bottle and bright colors.

The Senate Homeland Security and Government Affairs Committee unanimously passed a bill Wednesday that would ban federal employees from using the Chinese-owned social media app TikTok on government phones.