ByteDance not to sell TikTok’s US operations

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, CGTN reported yesterday, citing sources. Microsoft on Sunday said ByteDance will not be selling TikTok’s U.S. operations to the company. “ByteDance let us know today they would not be selling TikTok’s U.S. operations to Microsoft,” Microsoft said in a statement. Another bidder for the wildly popular social media platform, Oracle, is reportedly gaining the upper hand as its...