Microsoft says its TikTok buyout offer rejected

US tech giant Microsoft said Sunday its offer to buy TikTok was rejected, as a deadline looms for the Chinese-owned video app to sell or shut down its US operations.

TikTok has been at the center of a diplomatic storm between Washington and Beijing, and President Donald Trump gave Americans a deadline to stop doing business with TikTok’s Chinese parent company ByteDance — effectively compelling a sale of the app to a US company.

Trump claims that TikTok could be used by China to track the locations of federal employees, build dossiers on people for blackmail and conduct corporate espionage.

Read more

You may also like

Comments are closed.