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Murdochs, Oracle founder and Dell CEO to be part of TikTok agreement

Hindustan Times

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September 22, 2025

President Donald Trump said on Sunday Fox Corp. chairman Lachlan Murdoch, his father Rupert Murdoch and business leaders Larry Ellison and Michael Dell would be involved as US investors in a proposed deal to keep TikTok operating in the United States.

Trump has said that the US and China have made progress on a deal requiring TikTok's American assets to be transferred to US owners from China's ByteDance.

The proposed investors would give Trump allies in corporate America influence over a widely popular social media app, which counts 170 million US users and helps shape public discourse on politics and culture.

Trump praised the group in an interview with Fox News' "The Sunday Briefing" program, calling them prominent people and "American patriots." "I think they're going to do a really good job," Trump said, crediting TikTok with helping build his support among young voters in the 2024 presidential election.

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