Microsoft, Oracle Lose Bids For TikTok, According To China State TV

Microsoft said on Sunday its bid to acquire the U.S. assets of Chinese-owned TikTok has been rejected by TikTok's parent company, ByteDance.Microsoft said on Sunday its bid to acquire the U.S. assets of Chinese-owned TikTok has been rejected by TikTok's parent company, ByteDance.With its deadline to sell or be banned in the U.S.

"We are confident our proposal would have been good for TikTok's users, while protecting national security interests," a Microsoft spokesman said."To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combating disinformation. ... We look forward to seeing how the service evolves in these important areas.

The move means that any deal for TikTok might not include the app's sophisticated algorithm, seen as the secret ingredient to its success.

ByteDance has no choice sell their entire operation or be ban. CCP simply cannot be trusted

Should I care?

TikTok is getting shut down.

bruh

SecPompeo ban TikTok and WeChat. You’re all bark and no bite. What’s taking you so long? It’s a matter of national security right?

HouselogBen

The actions of the US government provide a despicable way for global business competition! The US can force Douyin to sell its US business to US companies in the name of national security, so other countries can do the same!

Why are we allowing the president to pretend he has the authority to do this? Are we just accepting the dictatorship shit now?

Meta: can someone tell me why this is good or bad? It just seems like they chose a random American company to partner up with to avoid being banned

ClaireJChu No surprise there

No problem, just shut it down & do mutual destruction altogether! CCP rather sacrifice ByteDance and they won’t let the world know how much American personal data that they have collected thru TikTok !

Let's appreciate India for kicking out tik tok from our lives 🤣👍🏻

Honestly they fact that the administration could make something like this happen is frightening.

The sale, if takes place, will set a precedent for Chinese businesses running data services in America. That is why Washington is for an American company acquiring it and Beijing is against a Chinese company being acquired in this way.

I am not using tiktok_us when I heard they are interested in Oracle.

I thought Oracle won the bid

Eat the rich. Cuz who really else cares about this?

Selling to Oracle would have been a better way to kill the app than an outright ban by the US government.

I never liked TikTok anyways. Too much chow mein for my American taste.

You might want to update your news report.

Deadline lol according to who? Trump lmao🤣

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Oracle Wins Bid For TikTok, Beating Out Microsoft For U.S. Operations Of Popular Video AppTikTok has been bought by software giant Oracle after the U.S. government forced the parent company of the popular meme-making, video-sharing app to sell it to a U.S.-based firm or risk having it b… so did they buy them or are partnering up with them?
Source: DEADLINE - 🏆 109. / 63 Read more »

Oracle will partner with TikTok in the United States after Microsoft loses bidTikTok and Oracle will become business partners in the United States — a deal meant to satisfy the Trump administration's national security concerns, according to a person familiar with the matter. This is another new deal on digital soul slave trading. It is time for the people to take back their personal information and put it in the Universal Basic Income fund. Another realDonaldTrump victory! spaghetti coded db with a spyware app. what could go wrong?
Source: cnnbrk - 🏆 393. / 55 Read more »