Microsoft’s TikTok Acquisition Bid Rejected; Oracle Still in the Running Posted byChloe Albanesius September 14, 2020 Leave a comment on Microsoft’s TikTok Acquisition Bid Rejected; Oracle Still in the Running ‘ByteDance let us know today they would not be selling TikTok’s U.S. operations to Microsoft,’ the company says. Several reports indicate that Oracle has secured the winning bid.