Trump: Murdoch Family and Tech Leaders May Be Involved in TikTok Deal

Potential Deal for TikTok

• 🗣️ President Trump stated that Rupert Murdoch and his son Lachlan Murdoch are likely to be involved in a deal to keep TikTok operating in the United States.
• 💡 Oracle executive chairman Larry Ellison and Dell CEO Michael Dell are also expected to be part of the proposed deal.
• 📰 A person familiar with the matter indicated that while Lachlan Murdoch might not participate individually, Fox could potentially play a role.

White House Stance on TikTok

• 📞 Following a call between President Trump and Chinese President Xi Jinping, the White House outlined a potential deal to save TikTok in the U.S.
• 🇺🇸 The proposed deal includes having six out of seven board seats controlled by Americans, based in the United States.
• ⚙️ White House press secretary Caroline Levit confirmed that the U.S. will control TikTok's algorithm.
• 🔒 Oracle is expected to lead the data privacy efforts related to the app.