U.S. President Donald Trump told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app.

President Donald Trump on Monday said he would welcome a “bidding war” for TikTok as he appeared to confirm that Microsoft is among the companies that have declared interest in acquiring the popular social media platform.

President Trump has signed a flurry of new executive orders ushering in big changes for the U.S. Military. There's also been progress in finding a new buyer for TikTok.

U.S. President Donald Trump predicted on Monday there will be many people bidding to own TikTok, and he does not want China involved in the popular social media company.

The new president is tossing out some of the biggest names in the tech world as possible buyers of TikTok’s US operations, most recently Microsoft. 'I like bidding wars because you make your best deals.

This story incorporates reporting from ABC, Shacknews and USA Today.President Donald Trump announced earlier this week that Microsoft is engaged in discussions with ByteDance to acquire TikTok.

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US President Donald Trump has said that Microsoft is in talks to acquire TikTok, fueling speculation of a "bidding war" among tech giants.

Donald Trump's executive order to restore access to TikTok has created a thicket of new legal questions for the platform.