Trump is studying the "Tick -Tok" industry plans on Wednesday

US President Donald Trump is scheduled to hold a meeting on Wednesday to consider a proposal to separate the “Tick -Tok” operations in the United States of Chinese parent company “asset dance”, days before the deadline for selling the famous social media application, according to people who are familiar with the issue. The US administration is seen in an agreement that may include ‘Oracle’ and ‘Blackstone’ and possibly other investors within a joint project, according to the informed people who asked not to disclose their identities to talk about the details of the meeting. Trump is holding consultations with his deputy, Jay de Windel, which helps to manage negotiations related to the sale, along with other senior officials, according to the people. “CBS News” was the first to provide the meeting plans. The White House, “Byte Dance”, “Blackstone”, “Tek Tok” and “Oracle” Remember the immediate comment on the explanation requests. Oracle may undertake US data to provide the proposed agreement under the guidance of “Oracle” to obtain a small share in a new US entity. “Oracle” will provide security guarantees to protect the data of US users, with a possible maintenance of high -value application algorithms under Chinese control, according to a proposal that was previously distributed within the US administration. Trump stands on April 5 with a final date with his solutions for ‘byte -dance’ to find a buyer of ‘Tek Tok’ operations in the United States, or to experience the ban on application in the country. But he said earlier that he would be open for the extension of the deadline if necessary. The law on which this procedure is based has been approved by a group of US legislators from both parties, and was signed by former President Joe Biden last year, with the aim of addressing the fear that the Chinese government could collect sensitive data on US citizens. Donald Trump has already extended the deadline once, after it was initially specified on January 19. Even if he agrees to the proposal, he will still need the approval of the parent company, “Byte Dance” as well as the Chinese government. Beijing’s participation in the negotiations is still unclear whether ‘byte -dance’ or the Chinese authorities participated in the discussions. However, Beijing is likely to agree to an agreement that includes “Oracle” as long as the “Tech Talk” algorithm remains under Chinese control. It should be noted that “Oracle” has already created a large cloud infrastructure to handle “Tech Talk” in a partnership known as the “Texas Project”. It was also earlier chosen to isolate the data of the US sensitive users of the parent company “Byte Dance”, although this plan did not eventually enjoy the approval of the regulatory authorities in Washington. Critics of the proposal, including some Republican lawmakers, warn that the agreement cannot comply with the provisions of the Act because it does not constantly address that China can achieve sensitive data or use the application in the distribution of advertising. Byte -dance and the authorities in Beijing have previously rejected these allegations. As far as Trump is concerned, he did not affect the approaching deadline as he told reporters this week that there are many parties interested in buying the application. He also indicated that he was ready to consider the customs duties he imposed on China in exchange for the support of Beijing to complete the sale.