Donald Trump announced that prominent American investors like Rupert Murdoch, Lachlan Murdoch, Larry Ellison, and Michael Dell will participate in a deal that would shift TikTok’s US operations away from its Chinese parent company, ByteDance.

US President Donald Trump said on Sunday that media executive Lachlan Murdoch and business leaders Larry Ellison and Michael Dell are among the American investors backing a proposed deal to shift TikTok’s US operations away from China’s ByteDance.

Trump noted that Washington and Beijing have made progress on an agreement that would transfer TikTok’s American assets to US ownership. If finalized, the deal would give Trump’s allies in corporate America a stake in the platform, which has 170 million American users and plays a major role in shaping poli

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