Microsoft says ByteDance has rejected its offer to take over TikTok's US operations, leaving Oracle as the only other known bidder

The move leaves Oracle as the sole known remaining bidder, as the clock ticks down on President Trump's executive order to block the app.

New York Times 2020-09-14

Discussion

@mattrosoff Matt Rosoff on x
IMO best miss for $MSFT since Yahoo.
@alexstamos Alex Stamos on x
“We would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combating disinformation” is an attempt to poison the well against an Oracle deal where they only take over hosting. And MSFT is right to do so. https…
@nytimes @nytimes on x
Breaking News: Microsoft's bid for TikTok was rejected in a U.S.-China security standoff, officials said, leaving Oracle as the sole known remaining bidder. https://www.nytimes.com/...
@harrymccracken Harry McCracken on x
Maybe Oracle can work out some sort of deal involving the President moving to TikTok as his sole social media platform. https://www.nytimes.com/...
@alyssabereznak Alyssa Bereznak on x
congrats to [checks list of extremely uncool companies that want to buy tiktok] oracle https://twitter.com/...
@davmicrot David Rothschild on x
“Last month, Mr. Trump said he would support Oracle buying TikTok. He called Oracle a ‘great company’ and said the firm, which specializes in enterprise software, could successfully run TikTok.” https://www.nytimes.com/...
@taylorlorenz Taylor Lorenz on x
Microsoft is not acquiring TikTok after ByteDance rejected offer, leaving Oracle as the company's sole option. https://www.nytimes.com/...
@karaswisher Kara Swisher on x
Hey @carlquintanilla remember when you were surprised when I said a few weeks ago not to count @Oracle out of the @tiktok_us deal? Don't be. They have less backbone (Bytedance likes), more need (cloud biz) & more Trumpness, despite a much more technically superior @Microsoft.
@sbisson Simon Bisson on x
This is not a bad thing for MS. What with US and Chinese government interests in play it would have quickly become an expensive poisoned chalice. https://twitter.com/...
@wongmjane Jane Manchun Wong on x
RIP Bing Social https://twitter.com/...
@sarahfrier Sarah Frier on x
Microsoft statement makes it sound like ByteDance didn't like the “significant changes” Microsoft wanted to make: https://twitter.com/... https://twitter.com/...
@jolingkent Jo Ling Kent on x
Breaking: Microsoft's bid to buy TikTok US has been rejected by TikTok's parent company ByteDance. “We are confident our proposal would have been good for TikTok's users, while protecting national security interests.” Full statement: https://blogs.microsoft.com/ ...
@shiraovide Shira Ovide on x
I have never been more confused about an M&A deal in my life. Like...what is happening? Nothing? Everything? Neither? https://twitter.com/...
@eringriffith Erin Griffith on x
“We look forward to seeing how the service evolves” Translation: GOOD LUCK!! https://twitter.com/...

Chronicles

Microsoft says ByteDance has rejected its offer to take over TikTok's US operations, leaving Oracle as the only other known bidder

Related Coverage

Discussion