A high-powered group of majority American-based investors may be set to take ownership of TikTok's U.S. operations after a convoluted yearslong bid to keep the social media app available in the United States.
Senior White House officials told reporters on a Sept. 22 call that TikTok has reached a preliminary deal to sell its U.S. operations to a group of investors that will include private equity firm Silver Lake. Oracle, a U.S.-based technology firm, would serve as TikTok's security provider for its American operations, they said.
While the officials did not disclose other investor names, President Donald Trump has already dropped a few. During a Sept. 21 interview on Fox News, Trump said billionaire tech investor Michael Dell was involved in the deal, and Rupert Murdoch and