President Trump signed an executive order Thursday that would allow TikTok to keep operating in the U.S. The order enables a group of investors to buy the American operations of the app from the Chinese company ByteDance. China still has to approve the deal. The company Oracle will reportedly take over security operations and cloud computing for TikTok’s U.S. firm. Oracle’s co-founder and chair, Larry Ellison, has a decadeslong history with the Republican Party, has frequented Trump’s Mar-a-Lago for dinners and has met Trump in the Oval Office. He’s also an ally of Israeli Prime Minister Benjamin Netanyahu, donating money to Israel’s military through the nonprofit Friends of the Israel Defense Forces.

Meanwhile, the United Arab Emirates-backed investment firm MGX is also reportedly set to win a major stake in TikTok’s U.S. business. Back in May, MGX made a $2 billion investment in the Trump family’s cryptocurrency business World Liberty Financial.