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Microsoft’s Bid for TikTok Rejected by ByteDance
Published on: 2020-09-14
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tiktok 2The Redmond, Wash.-based tech giant was seen as a front-runner to acquire TikTok after President Trump set a mid-September deadline for reaching an agreement to continue TikTok's U.S. operations.
 

Oracle is now the only other company reportedly involved in acquisition negotiations. The reported purchase price is between $20 billion and $30 billion.
 

Oracle might seem like an unlikely candidate given its focus on enterprise software and lack of social media market share, but it's worth noting that co-founder and executive chairman Larry Ellison is a Trump supporter. The acquisition could also help the company's advertising and data business. Oracle is reportedly working with TikTok's existing U.S. investors, including General Atlantic and Sequoia Capital.

tiktokIn a statement, Microsoft said its plan to acquire TikTokwould have been good for the app's users while meeting "the highest standards" for security and privacy.
 

"ByteDance let us know today they would not be selling TikTok's US operations to Microsoft," the company said in a statement Sunday. "We are confident our proposal would have been good for TikTok's users, while protecting national security interests. To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combatting disinformation, and we made these principles clear in our August statement. We look forward to seeing how the service evolves in these important areas."
 

In early August, Microsoft said it was negotiating the purchase of TikTok's service in the U.S., Canada, Australia, and New Zealand, planning to own and operate the service in those markets if it could reach a deal with ByteDance.
 

At the time, Microsoft said it "would ensure that all private data of TikTok's American users is transferred to and remains in the United States. To the extent that any such data is currently stored or backed-up outside the United States, Microsoft would ensure that this data is deleted from servers outside the country after it is transferred."
 

Microsoft said previously it was working with Walmart on its bid.
 

TikTok拒绝微软收购邀约

当地时间9月13日,微软发布声明称,字节跳动已经拒绝了其对TikTok的收购邀约。
 

微软表示,字节跳动今日告知我们,他们拒绝把TikTok的美国业务卖给微软。我们相信我们的提议将在保护国家安全利益的同时有利于TikTok用户。要做到这一点,我们必须做出重大改变,以确保服务符合安全、隐私、在线安全和打击虚假信息的最高标准,我们也在8月份的声明中明确了这些原则。期待看到TikTok在美业务在这些重要领域的发展。
 

据纽约时报报道,此举使甲骨文成为TikTok的唯一公开竞标者。

此外,字节跳动出售TikTok美国资产的最后期限不会延长,这意味着,留给字节跳动出售TikTok美国资产的时间窗仅剩2天(以美国时间计算)。

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