Murdochs likely to be involved in US TikTok deal, Trump says
The president, who called his Chinese counterpart earlier this week, said the US and China were making progress on a deal that would see the social media platform's American operations sold to US investors.
"I think they're going to do a really good job," Trump said, describing the men as "American patriots".
In a Fox News interview that aired on Sunday, Trump said the men would "probably" be involved in a proposed deal to keep TikTok operating in the US. He also said Oracle chairman Larry Ellison and Dell founder Michael Dell would likely be involved.
Rupert Murdoch and his son Lachlan are expected to be part of a group of investors trying to buy TikTok in the US, President Donald Trump says.
The sale is required because of a law passed by Congress in April 2024 that would ban the app unless its Chinese parent company ByteDance sells its US arm.
That law was proposed over fears that Beijing could access the personal data of TikTok's 170m American users. Its enforcement is on hold pending a deal.
When asked about who was involved in the proposed TikTok deal, Trump told Fox's The Sunday Briefing that "they're very well-known people" who would raise a "tremendous amount" of money.
"Larry Ellison is one of them. He's involved. This great guy, Michael Dell is involved. I hate to tell you this, but a man named Lachlan is involved. Do you know who Lachlan is?" he said. "And Rupert is probably going to be in the group."
Lachlan Murdoch recently took over Fox Corp and News Corp, the family's media empire, bringing a lengthy succession battle with his siblings to a close. Rupert Murdoch, 94, is chairman emeritus of News Corp.
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