United States President Donald Trump has said media executive Lachlan Murdoch will join a group of American investors seeking to take control of TikTok’s operations in the United States.
In an interview on the Fox News programme Sunday Briefing, Trump said the proposed deal would transfer TikTok’s American assets from Chinese parent company ByteDance to US ownership. He described those involved as prominent people and “American patriots”.
“I think they’re going to do a really good job,” Trump said, adding that TikTok had helped him expand support among young voters during the 2024 election campaign.
One of the proposed investors – Larry Ellison, the co-founder of the tech firm Oracle – is a prominent Republican donor. Lachlan Murdoch’s father Rupert has backed right-wing causes and parties for decades, but has a complicated relationship with Trump, who is currently suing him.
The initiative would give Trump’s allies in corporate America influence over a platform with about 170 million US users, one of the most widely used apps shaping political and cultural debate.
Lachlan Murdoch, the chief executive of Fox Corp, recently consolidated control of his family’s media empire, which includes Fox News and the Wall Street Journal, after settling a long-running legal dispute with his siblings. Trump said the 94-year-old Rupert Murdoch may himself also be involved in the deal.
Murdoch’s media outlets attract right-leaning audiences, but they have occasionally clashed with Trump. The US president’s lawsuit against Rupert Murdoch and the Wall Street Journal is for defamation over a July report linking him to the late financier and convicted sex offender Jeffrey Epstein. The newspaper has defended its reporting.
Other business figures named by Trump include Dell Technologies CEO Michael Dell, who, along with Ellison, has previously been connected to discussions on TikTok’s future.
US law passed under the administration of former US President Joe Biden requires ByteDance to divest its TikTok operations, with both Democrats and Republicans supporting the legislation due to security concerns that Beijing could have access to American users’ data.
However, the spotlight on TikTok has also been linked to growing support for Palestinians and opposition to Israel among young Americans, with many pro-Israeli politicians blaming the popular app for the shifting tide.
Trump’s Secretary of State Marco Rubio called for a ban on TikTok soon after the beginning of Israel’s war on Gaza, calling the app biased towards anti-Israel content.
Trump had proposed to ban TikTok during his first term as US president, signing two executive orders in August 2020 that were aimed at restricting the app. However, the US president did a U-turn, pledging to “save” the popular app during his 2024 re-election campaign.
The Trump administration has since tied negotiations over TikTok to wider trade talks with China.
China has consistently denied claims by US lawmakers that Beijing pressures apps like TikTok to collect personal information for the state.
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