The report says that the Trump Tiktok deal will give a group of American investors

Tiktok’s “Save” plan has started focusing. Tuesday Wall Street Magazine I mentioned more The details about a deal between the United States and China seem to be the two sides “Yanhon” details of the arrangement.

According to the report, the American Tiktok works will be mainly owned by a group of American investors, which will have a stake in “about 80 percent in this entity. The group has a long -time Tiktok partner Oracle, as well One of the minorities that maintains their property below the threshold of 20 percent required by the law.

Reports on such an arrangement have been hovering months ago, with President Donald Trump saying The deal can be “about two weeks” away. It seems that Chinese officials have recently signed the new standings, as a Chinese organizer said earlier this week that the new American version of Tiktok To use the Chinese algorithm.

now, Wall Street Magazine Reports that “Tiktok Engineers will re -create” the application algorithm for a new TIKTOK app using the technology licensed by byteedance. The company is said to test the new application. Oracle will supervise the US user data for the operation; Tiktok and Oracle made the data safety After the previous negotiations between the company and the American government.

Although the final deal appears to be close, it may take some time before completing it. Meanwhile, Trump expanded the deadline that would have banned the current version of the application in the United States . He told reporters at the White House that he intends to speak with Chinese President Xi Jinping on Friday “to confirm everything.”