According to two sources familiar with the situation, discussions led by the White House regarding the future of TikTok are leaning towards a proposal for the major non-Chinese investors in ByteDance, the parent company, to increase their ownership and acquire TikTok's U.S. operations. This plan involves creating a separate U.S. entity for TikTok and reducing Chinese ownership in the new business to meet the U.S. legal requirements. Key players in these talks include Susquehanna International Group and General Atlantic, along with KKR, a private equity firm. As part of the plan, Oracle is expected to handle U.S. user data and ensure that it remains inaccessible from China. TikTok, ByteDance, and other involved parties did not provide immediate comments on the matter.