Photo: Chesnot/Getty Images

Microsoft on Sunday night announced via a blog post that its takeover offer for TikTok's U.S. operations has been rejected by TikTok's parent company, China's ByteDance.

Next up: Oracle is the only publicly known bidder left for TikTok U.S., which soon faces a White House deadline to either agree to a deal or be banned.

Microsoft's full statement:

ByteDance let us know today they would not be selling TikTok’s US 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 for security, privacy, online safety, and combatting disinformation, and we made these principles clear in our August statement. We look forward to seeing how the service evolves in these important areas.

Earlier: Resetting the TikTok deal odds

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Ina Fried, author of Login
Oct 8, 2020 - Technology

Microsoft app store playbook swipes at Apple, Google

Illustration: Rebecca Zisser/Axios

In a not-so-subtle dig at Apple and Google, Microsoft today announced a series of "principles" for its Windows 10 App Store — including letting users choose their own payment system for in-app purchases — that it says should serve as a model for other app stores.

Why it matters: The move comes as antitrust regulators in the U.S. and around the world are spotlighting how both Apple and Google manage their mobile platforms and as some developers charge them with running their app stores unfairly.

California to independently review FDA-approved coronavirus vaccines

California Gov. Gavin Newsom. Photo: Justin Sullivan/Getty Images

California will "independently review" all coronavirus vaccines approved by the Food and Drug Administration before allowing their distribution, Gov. Gavin Newsom (D) announced at a news conference Monday.

Why it matters: The move that comes days after NAID director Anthony Fauci said he had "strong confidence" in FDA-approved vaccines could cast further public doubt that the federal government could release a vaccine based on political motives, rather than safety and efficacy.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Politics: Trump says if Biden's elected, "he'll listen to the scientists"Trump calls Fauci a "disaster" on campaign call.
  2. Health: Coronavirus hospitalizations are on the rise — 8 states set single-day coronavirus case records last week.
  3. States: Wisconsin judge reimposes capacity limit on indoor venues.
  4. Media: Trump attacks CNN as "dumb b*stards" for continuing to cover pandemic.
  5. Business: Consumer confidence surveys show Americans are getting nervousHow China's economy bounced back from coronavirus.
  6. Sports: We've entered the era of limited fan attendance.
  7. Education: Why education technology can’t save remote learning.

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