American tech giant Microsoft said Sunday its offer to buy TikTok was rejected, leaving Oracle as the sole remaining bidder ahead of the imminent deadline for the Chinese-owned video app to sell or shut down its US operations.TikTok is at the center of a diplomatic storm between Washington and Beijing, and President Donald Trump has set Americans a mid-September deadline to stop doing business with its Chinese parent company ByteDance — effectively compelling a sale of the app to a US company.The Wall Street Journal and The New York Times reported that Oracle had won the bidding war, citing p…
