Microsoft reportedly upset TikTok's owner during negotiations by describing the app as a security risk

Microsoft may have sabotaged its own bid to acquire TikTok's US operations after accidentally insulting the CEO of TikTok's parent company ByteDance. Microsoft, formerly the frontrunner to scoop up TikTok's US operations, this week lost out to tech giant Oracle. ByteDance and Oracle have submitted a proposal to the White House that Oracle should become the app's "trusted tech partner" in the US.
Read more: https://www.businessinsider.com/microsoft-lost-tiktok-bidding-war-called-tiktok-security-risk-2020-9?source=Snapzu