ByteDance will not sell TikTok's U.S. operations to Microsoft or Oracle, nor will the company give the source code to any U.S. buyers, sources said. Microsoft on Sunday said ByteDance will not be selling TikTok's U.S. operations to the company. After Microsoft was rejected by ByteDance, Oracle Corp. was selected as the winning bidder for TikTok's U.S. operations. Earlier in August, President Donald Trump set September 15 as the deadline for a TikTok sale or be shut down in the U.S.