By ALAN SUDERMAN, Associated Press Business Writer
President Donald Trump said prominent billionaires – including media mogul Rupert Murdoch and tech founder Michael Dell – could be part of a deal in which the U.S. will take control of the social video platform TikTok.
Trump namedropped the 94-year-old Murdoch and his son Lachlan Murdoch, the head of Fox News and News Corp, as part of a group of possible participants in a deal during an interview recorded Friday and aired Sunday on Fox News.
“I think they’re going to be in the group. A couple of others. Really great people, very prominent people,” Trump said. “And they’re also American patriots, you know, they love this country. I think they’re going to do a really good job.”
Trump’s disclosure of the potential involvement of the Murdochs and Dell, the founder and CEO of Dell Technologies, is the latest twist in a fast-moving potential deal to keep TikTok operating in the U.S.
Trump also said Sunday that tech giant Oracle founder and Chairman Larry Ellison was part of the same group. His involvement had been previously disclosed. On Saturday, White House press secretary Karoline Leavitt said Oracle would be responsible for the app’s data and security and that Americans will control six of the seven seats for a planned board.
Much is still unknown about the actual deal in the works. Trump discussed the TikTok deal with China’s Xi Jinping in a lengthy phone call on Friday. Chinese and U.S. officials have until Dec. 16 to hash out the details, following the latest deadline extension by the Trump administration.
TikTok is a hugely popular app currently owned by a Chinese company, ByteDance. American officials have warned the algorithm TikTok uses to shape what users see is vulnerable to manipulation by Chinese authorities, who can use it to push content on the platform in a way that’s difficult to detect.
Congress passed legislation calling for a TikTok ban to go into effect in January, but Trump has repeatedly signed orders that have allowed TikTok to keep operating in the United States as his administration tries to reach an agreement for the social media company’s parent company to sell its U.S. operations.
On Sunday, Trump said that he was “a little prejudiced” about TikTok because he credited the app for helping him connect with young voters. Trump said slain conservative activist Charlie Kirk encouraged the president to use the app.
Representatives for Ellison, Dell and the Murdochs could not immediately be reached for comment.
Trump filed a lawsuit against Murdoch and one of his newspapers, The Wall Street Journal, in July after it published a story reporting on the president’s ties to wealthy financier and convicted sex offender Jeffrey Epstein.
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