Microsoft Will Not Be Acquiring TikTok After ByteDance Rejects Offer

Bad news for TikTok fans.
It looks like the social media app will not be acquired by Microsoft after TikTok’s parent company, ByteDance, has rejected their offer.
“ByteDance let us know today they would not be selling TikTok’s U.S. operations to Microsoft. 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 fo