President Donald Trump is scheduled to speak with Chinese President Xi Jinping on Friday to finalize the deal, which both sides have sought for months. Oracle declined to comment Tuesday, as did TikTok and potential investor Silver Lake. TikTok has faced years of scrutiny over fears that Beijing could access U.S. user data or manipulate its recommendation algorithm. Lawmakers from both parties have argued that divestiture is the only way to protect national security, while TikTok has denied any Chinese government control. Under the plan, U.S. TikTok user data will continue to be routed through Oracle's Texas-based servers, a move designed to reassure regulators and lawmakers.