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Microsoft Loses The Bidding War In The Race To Acquire TikTok U.S. Operations

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The cloud services provider company Oracle has won the bidding war against Microsoft, in the race to acquire TikTok’s operations.

Microsoft said that ByteDance, the parent company of TikTok, had rejected its bid. “ByteDance lets us know today they would not be selling TikTok’s U.S.

operations to Microsoft,” Microsoft said in a blog post.President Trump said earlier that if TikTok doesn’t dissect its U.S.

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