Is the Oracle TikTok deal dead on arrival? According to China state-affiliated media China will not allow ByteDance to sell TikTok's U.S. operations to Oracle (or Microsoft), nor will the company be allowed to give the source code to any U.S. buyers. Is the Oracle TikTok deal dead on arrival? According to China state-affiliated media China will not allow ByteDance to sell TikTok's U.S. operations to Oracle (or Microsoft), nor will the company be allowed to give the source code to any U.S. buyers.