The rumors were right--Microsoft has now confirmed that it is pursuing an acquisition of the viral app TikTok. The Xbox company said in a blog post that it is "committed to acquiring TikTok" pending a review of the "security" of the app.
US President Donald Trump has expressed concerns about TikTok, and in particular its ownership by a Chinese company, ByteDance. Trump has suggested that he may attempt to order ByteDance to divest its US ownership, and that's where Microsoft could come in.
Trump and Microsoft CEO Satya Nadella recently spoke about the matter, and Microsoft says it will move to address Trump's issues with the app. Microsoft will continue to work with the US government and Trump during the acquisition discussions, the statement said.
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