Lachlan Murdoch, Michael Dell, Ellison involved in TikTok deal, Trump says
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President Trump announced that business leaders Lachlan Murdoch, Larry Ellison, and Michael Dell will be involved as U.S. investors in a deal to keep TikTok operating in the U.S. This follows progress in negotiations requiring TikTok’s American assets to be transferred from China’s ByteDance. Trump praised the group as prominent figures and American patriots, highlighting TikTok's role in building support among young voters for the 2024 election. The administration has not enforced a law requiring TikTok’s divestiture due to concerns over user data security.
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