TikTok Has Reportedly Chosen a Buyer & Could Announce A Deal To Sell Its US Business By Tuesday! TikTok’s Chinese parent company, ByteDance, has a matter of weeks to sell its US business before a Trump executive order banning the app goes into effect. The company is weighing a joint bid from Microsoft and a Walmart, as well as an offer form Oracle, among others. Former CEO Kevin Mayer said a deal was close when he resigned last week, telling employees to ‘’expect a resolution very soon’ enjoy!