Donald Trump is now being hailed as TikTok's savior after he tried to ban the app during his White House first term.

Donald Trump seeks a "bidding war" for the app after years of pressure on ByteDance to sell its US operations over security concerns.

"There's no legal basis for any kind of 'extension'" to keep the popular social media app running, warned GOP Sens. Tom Cotton and Pete Ricketts on Sunday.

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. Trump was speaking to Republican lawmakers at his Doral golf club in Miami.

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.

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.

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.

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