Other potential buyers include the philanthropist Frank Mccourt ’s Project Liberty, which is raising capital to make a bid for TikTok in order to “rearchitect the platform” and protect user data. McCourt is a billionaire who previously owned the Los Angeles Dodgers baseball team. The project is supported by the social psychologist Jonathan Haidt.

United States President Donald Trump on Monday told reporters that Microsoft is in talks to acquire the video-sharing platform TikTok and that he would like to see a bidding war over the app.Microsoft denied to comment on this,