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In a surprising turn of events, US President Donald Trump has hinted at a potential deal involving media moguls Rupert Murdoch and his son Lachlan Murdoch to acquire the widely used social media platform TikTok in the United States. During a recent interview on Fox News with journalist Peter Doocy, Trump revealed that a group of prominent American investors, including business figures Larry Ellison and Michael Dell, are engaged in discussions for this acquisition. He specifically mentioned Lachlan Murdoch, noting his uncommon name, and suggested that Rupert Murdoch might also be involved. Sources indicate that their participation would likely be through Fox Corporation, where Lachlan holds the position of CEO, rather than as private individuals.
This development follows years of uncertainty over TikTok’s ownership. The app, currently owned by the Chinese company ByteDance, has faced scrutiny from the US government due to concerns about national security and user privacy. In 2024, a law was passed banning the app unless it is sold to an American entity. The Trump administration has repeatedly delayed the deadline for this sale, with the president claiming that TikTok’s vast user base of approximately 170 million Americans played a significant role in his re-election last year. Under the proposed deal, TikTok would be majority-owned by Americans, with data security managed by the tech giant Oracle and a board predominantly made up of US citizens.
Although the specifics of the agreement are not yet clear, Trump expressed strong confidence in the investors, describing them as patriots dedicated to their country. However, neither Fox Corporation nor the Murdochs have made any public statements regarding their involvement. Adding to the complexity of the situation, Trump has recently initiated legal action against Rupert Murdoch’s Wall Street Journal over unrelated issues, raising questions about how this might impact any potential collaboration.
This unfolding story highlights broader concerns about the influence of powerful media figures in the realms of technology and politics. The involvement of high-profile individuals and corporations in controlling platforms like TikTok could shape the way information is shared and opinions are formed, prompting debate about the future of digital communication in the US.
