"United States President Donald Trump has said media executive Lachlan Murdoch will join a group of American investors seeking to take control of TikTok's operations in the United States. In an interview on the Fox News programme Sunday Briefing, Trump said the proposed deal would transfer TikTok's American assets from Chinese parent company ByteDance to US ownership. He described those involved as prominent people and American patriots."
"Lachlan Murdoch, the chief executive of Fox Corp, recently consolidated control of his family's media empire, which includes Fox News and the Wall Street Journal, after settling a long-running legal dispute with his siblings. Trump said the 94-year-old Rupert Murdoch may himself also be involved in the deal. Murdoch's media outlets attract right-leaning audiences, but they have occasionally clashed with Trump."
"The initiative would give Trump's allies in corporate America influence over a platform with about 170 million US users, one of the most widely used apps shaping political and cultural debate. One of the proposed investors, Larry Ellison, the co-founder of the tech firm Oracle, is a prominent Republican donor. Lachlan Murdoch's father Rupert has backed right-wing causes and parties for decades, but has a complicated relationship with Trump, who is currently suing him."
Lachlan Murdoch will join a group of American investors seeking to take control of TikTok's US operations and transfer assets from Chinese parent ByteDance to US ownership. Donald Trump named several participants, calling them prominent people and American patriots, and said the initiative would include figures such as Oracle co-founder Larry Ellison and Dell CEO Michael Dell. The deal could give Trump's allies in corporate America influence over a platform with about 170 million US users. Lachlan Murdoch leads Fox Corp, which includes Fox News and the Wall Street Journal, and his father Rupert Murdoch may also be involved. Rupert Murdoch faces a defamation lawsuit from Trump.
Read at www.aljazeera.com
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