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Bytedance

ByteDance rejects Microsoft’s offer to buy TikTok

3 mins read

The FINANCIAL — Microsoft says that it’s not acquiring parts of TikTok’s operations after its bid was rejected by Beijing-based ByteDance. After weeks of public back and forths, Microsoft ultimately failed in its attempts to acquire TikTok. Talk of a sale began as President Donald Trump issued executive orders last month seeking to ban TikTok and requiring…