A deal would be in line with Microsoft's stance toward China where the firm has a sizeable presence - unlike fellow US tech heavyweights such as Facebook Inc and Alphabet Inc's Google which appear to have given up on China's consumer-facing market with its miscellany of government strictures.
The lawsuit will argue Trump’s executive order, which TikTok believes is unconstitutional as the company was not given time to respond.
Bill Gates also believes that Microsoft entering the social media game could be a good thing as it would make the industry more competitive.
One of Twitter's shareholders, private equity firm Silver Lake, is interested in helping fund a potential deal, one of the sources added
TikTok also claims that the executive order relies on unnamed reports with no citations, fears that the app may be used for misinformation campaigns.
The Koo and YouQuote apps were tied for the second position in the social app category.
The new Instagram feature evidently mimics TikTok by allowing users to make short 15 second videos with audios playing in the background.
Following an announcement about his intentions to ban TikTok on August 1, US President Donald Trump banned the video-sharing app through an Executive Order on August 7.
TikTok faces a September 15 deadline to either complete a sale of its US operations to Microsoft or face a ban in the United States.
The attempt to have a foot in both camps is looking increasingly precarious, however, as TikTok tries to thread its way through rising tensions between Washington and Beijing.
The announcement comes at a time when TikTok’s parent company, ByteDance, is working to distance itself from Chinese operations in a bid to placate regulators elsewhere.
The feature was previously launched in India soon after the government banned 59 Chinese apps, including TikTok.
In an unusual move, Microsoft is throwing its hat in the consumer social media ring with its TikTok acquisition bid
ByteDance founder Zhang Yiming told employees in an internal letter on Tuesday that the United States goal was not to force a sale of TikTok
The legal framework is based on cybercrime law especially two articles that are related to violating Egyptian family values
The difference between the feature on the two platforms is that Snapchat is focusing more on the individual and personalized creativity for sharing with close friends.
The move represents an about-face for Trump and prompted the US tech giant to declare its interest in the blockbuster social media deal that could further inflame US-China relations.
President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft, three people familiar with the matter said on Sunday.
US President Donald Trump reportedly only agreed to allow Microsoft Corp to negotiate the acquisition of TikTok if it could secure a deal in 45 days.
United States President Donald Trump has said he wants to ban TikTok, a popular Chinese-owned video application that has been a source of national security and censorship concerns.
Microsoft will ensure that all private data of TikTok’s American users is transferred to and remains in the United States.
President Donald Trump will take action shortly on Chinese software companies that are feeding data directly to the Beijing government
Under the new proposed deal, ByteDance would exit completely and Microsoft Corp would take over TikTok in the United States
The move would be the culmination of US national security concerns over the safety of the personal data that TikTok handles.
Trump's comments came after published reports that the administration is planning to order China's ByteDance to sell TikTok