President Donald Trump on Sunday said tech and media giants Larry Ellison, Michael Dell, and Lachlan and Rupert Murdoch will be a part of the group to take over TikTok’s algorithm in the acquisition of the social media platform’s US operations.
“You see, they are quite renowned individuals. One of them is Larry Ellison, a wonderful person who is actively engaged. Michael Dell is also part of this group. I must mention, a gentleman named Lachlan is also involved,” Trump remarked during Fox News’ “Sunday Briefing.” He was referring to Lachlan Murdoch, the CEO of Fox Corp., the parent company of Fox News, and the son of Fox Corp. founder Rupert Murdoch.
Trump added that Rupert Murdoch “is probably going to be in the group.”
Leavitt had said on Saturday that data and privacy for the app in the United States will be led by Oracle and that the company would be one of the American investors.
Ellison’s company began hosting TikTok’s US data in 2020.
Trump said Friday that he had “a very productive call” with Chinese President Xi Jinping, and that progress was made toward finalizing the deal.
