It’s also unclear whether the Trump Administration will approve the deal with Oracle. President Trump previously issued an order that would ban the app in the U.S. beginning Sept. 20. He followed it with a second order that would essentially require TikTok’s Chinese parent company, ByteDance, to divest from its operations in the U.S.
Both Microsoft and Oracle were bidding for that business.
Microsoft said separately Sunday in a blog post that its offer to acquire TikTok‘s U.S. operations was rejected. Microsoft was the first to confirm it was courting TikTok this summer as President Trump threatened to ban the app over national security concerns.
“We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” Microsoft said in its post. “To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and