U.S. President Donald Trump told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app.

Microsoft Corp. is in talks to acquire the US arm of ByteDance Ltd.’s TikTok, President Donald Trump said Monday night, without elaborating.

Per The Guardian, when a reporter aboard Air Force One on Monday asked if Microsoft was in talks to buy TikTok, Trump said, "I would say yes," adding that there is "a lot of interest in TikTok. There’s great interest in TikTok." BBC News reported that Trump said he'd like to see a "bidding war" over the sale.