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Trump Says Murdochs to Join TikTok US Investment Group

  • On Sunday, President Donald Trump said a TikTok deal involving Lachlan and Rupert Murdoch, Larry Ellison, and Michael Dell is progressing in the U.S.
  • The deal follows a bipartisan law effective January 2025 that requires ByteDance Ltd. to divest from TikTok’s U.S. operations to address security concerns.
  • The new ownership group includes American investors like Oracle, Andreessen Horowitz, and Silver Lake, with six of seven TikTok board seats held by Americans.
  • Trump said, "They're very well-known people," and called them "American patriots" who love the country and will do a "really good job."
  • This arrangement implies U.S. control over TikTok’s data and algorithm, aiming to satisfy national security concerns while keeping the app operational in America.
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The American branch of TikTok will be in the hands of some major US companies. Donald Trump told Fox News that the consortium that should buy the popular social media in the United States will include the conservative media mogul Rupert Murdoch and his son Lachlan, the executive president of the technology company Oracle Larry Ellison and Michael Dell, number one of the computer company Dell. The US president had announced in mid-September that …

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Forbes broke the news in United States on Sunday, September 21, 2025.
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