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Trump says the Murdochs will most likely have a role in the U.S. TikTok deal
- 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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Oracle will also oversee the algorithm responsible for the content displayed on the platform.
Oracle, owned by Ellison, would retrain the algorithm "from scratch" after the sale; an operation that would also involve the Murdoch family, owners of Fox News
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Trump Reveals Murdochs and Dell Could Potentially Take Part in TikTok Deal
WASHINGTON – President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the U.S. will take control of the social video platform TikTok. Join our WhatsApp group Subscribe to our Daily Roundup Email Trump namedropped the 94-year-old Murdoch and […]
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Total News Sources320
Leaning Left55Leaning Right33Center129Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 25%
C 60%
15%
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