Sun, 21 Sep 2025
Oracle chairman Larry Ellison and Dell founder Michael Dell are also both involved, the president tells Fox News.
* Rupert Murdoch and his son Lachlan are expected to be part of a group trying to buy TikTok in the US
* They would join Oracle chairman Larry Ellison, Dell founder Michael Dell, and other investors in the proposed deal
* The sale is required by law because of concerns that Beijing could access the personal data of TikTok's 170m American users
* Trump says the group will "do a really good job" and raise a "tremendous amount" of money to buy the app
* Lachlan Murdoch recently took over Fox Corp and News Corp, his family's media empire
* Rupert Murdoch is chairman emeritus of News Corp, which includes The Wall Street Journal and Fox News
* Trump has drawn criticism from the Murdochs in the past, including a defamation lawsuit against The Wall Street Journal
* A deal could be signed "in the coming days", according to White House Press Secretary Karoline Leavitt
* Oracle will lead on data and privacy for TikTok in the US, while the algorithm will also be controlled by America.
>>
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025