"Trump said moguls Larry Ellison and Michael Dell were involved in the deal before adding: I hate to tell you this a man named Lachlan is involved. You know who Lachlan is? That's a very unusual name, Lachlan Murdoch. Rupert is probably gonna be in the group, I think they're gonna be in the group, a couple of others. Really great people. Very prominent people. And they're also American patriots, they love this country, so I think they're gonna do a really good job."
"Congress passed a law in 2024 banning TikTok, owned for now by the China-based company ByteDance, unless it was sold to a US company, citing national security and privacy concerns. The Trump administration has thwarted that law, extending the deadline for a transfer several times. The app has about 170 million users in the US, and Trump on Sunday credited it with helping him win a second presidency in 2024."
Rupert Murdoch and his son Lachlan Murdoch are expected to join a U.S. investor group seeking to buy TikTok. Larry Ellison and Michael Dell are reported participants in the prospective deal. Representatives for Fox did not immediately return a request for comment. A 2024 law bans TikTok unless sold to a U.S. company on national security and privacy grounds. The administration has extended the deadline for a transfer several times. TikTok has about 170 million U.S. users. The app was credited with helping secure a 2024 presidential victory. A White House press secretary said six Americans will sit on the company's seven-seat board and that data and privacy would be controlled.
Read at www.theguardian.com
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