Microsoft Says Its TikTok Buyout Offer Rejected | Read

PUBLISHED ON: September 14, 2020 | Duration: 0 min, 28 sec

  
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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.
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