U.S. President Donald Trump is expected to approve a deal for TikTok through an executive order, declaring that it satisfies the requirements of law later this week, the Wall Street Journal reported on Monday, citing a senior White House official. Trump had said on Sunday that media mogul Lachlan Murdoch and business leaders Larry Ellison and Michael Dell would be involved as U.S. investors in a proposed deal to keep TikTok operating in the United States. Reuters has reported that the agreement requires that all data on American users will be stored on U.S. cloud computing infrastructure run by Oracle. Existing investors such as trading firm Susquehanna International would hold about 30%, according to the report. TikTok parent ByteDance's stake would dip below 20%, Reuters has reported.