Microsoft says its TikTok buyout offer rejected


US tech giant Microsoft said Sunday its offer to buy TikTok was rejected, as a deadline looms for the Chinese-owned video app to sell or shut down its US operations. TikTok has been at the center of a diplomatic storm between Washington and Beijing, and President Donald Trump gave Americans a deadline to stop doing business with TikTok?s Chinese parent company ByteDance ? effectively compelling a sale of the app to a US company.