Trump says Rupert and Lachlan Murdoch likely part of US TikTok investor group
Briefly

Trump says Rupert and Lachlan Murdoch likely part of US TikTok investor group
"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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