ByteDance's carefully designed proposal and the shifting views of Mr Trump's advisers indicate how they are more willing to compromise to mitigate an increasingly fractious situation
Microsoft loses out; Chinese media stresses American operations won't be sold to any firm
Oracle Corp confirmed on Monday that it was part of a proposal made by TikTok-parent ByteDance to the US government to become a technology partner for the Chinese firm
Microsoft announced Sunday that its bid to buy TikTok has been rejected
South China Morning Post reported that ByteDance has reportedly informed the US authorities and potential bidders of the decision
Trump has given ByteDance a deadline of mid September to finalise a deal
ByteDance, TikTok's Chinese owner, may need more time to negotiate with suitors after new regulations from Beijing complicated the deal
ByteDance has also stepped up the purchase of servers in global trade and transport hub Singapore to back up US data as a contingency
TikTok owner ByteDance plans to invest billions of dollars and recruit hundreds of employees in Singapore after opting to base its Southeast Asia regional headquarters there
A company source said TikTok had moved some engineers to Singapore from China, starting this year
ByteDance has been looking to pick a buyer so it can finalize a deal by mid-September and comply with Trump's order to divest TikTok's assets
TikTok, which has been downloaded 175 million times in the US and more than a billion times around the world, has filed a lawsuit challenging the crackdown by the US government
The bonus could run into hundreds of millions of yuan, based on ByteDance's hiring advertisements and company sources
China entered the fray on August 28, by revising a tech export control list that experts said would give them regulatory oversight over any TikTok deal
ByteDance, the owner of popular short-video app TikTok, said it has acquired a Chinese third-party payment service UIPay in a bid to leverage its domestic payment capability
Some speculations surrounding the sale of TikTok's US operations may soon come to an end as the short video-sharing platform owned by Chinese unicorn ByteDance has reportedly reached a deal.
New entrants to the blue-chip index, Salesforce.com Inc , Honeywell International Inc and Amgen Inc , slipped between 0.3% and 1.2%
TikTok owner ByteDance has said it will abide by the new rules set by China for technologies that are subject to export bans or restrictions
Permits required for overseas transfers to 'safeguard national economic security'
It can take up to 30 days to obtain preliminary approval to export the technology