Microsoft Confirms Plans to Pursue Buying TikTok After Chat with Trump TikTok is about to be under new management, it seems. TikTok might become an American-owned company on the heels of the Trump administration's security concerns about the app if Microsoft can get a deal done. The software behemoth went public Sunday with its plans, announcing it was pursuing to purchase TikTok from its parent company ByteDance, and Microsoft's CEO has already had a chat with President Trump about the potential deal. This is interesting this means that TikTok might be safe for the time being as far as getting shut down. Check out the link to read more about this.