Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

Murdoch and Dell said to join US consortium for TikTok takeover, Trump claims

by
September 22, 2025
in Investing
0
Murdoch and Dell said to join US consortium for TikTok takeover, Trump claims
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

President Donald Trump has claimed that Rupert Murdoch and his son Lachlan are expected to join a U.S. consortium seeking to acquire TikTok’s American operations from its Chinese owner, ByteDance.

Speaking during a Fox News interview, Trump said the Murdochs would join Oracle founder Larry Ellison and Dell Technologies founder Michael Dell in the group. He suggested that the Murdochs’ involvement would likely come through their Fox Corporation media business rather than personal investment.

“These are great people, very prominent people, American patriots,” Trump told the network. “I think they’re going to do a really good job.”

The proposed deal is part of efforts to prevent TikTok from being banned across the United States. Congress last year passed legislation requiring ByteDance to divest the app over national security concerns, but the enforcement of that law has repeatedly been delayed while negotiations continue.

The White House said over the weekend that it expected the takeover to be completed “in the coming days.” Trump added that he had spoken with Chinese President Xi Jinping to help secure approval for the deal.

TikTok, which has more than 130 million U.S. users and over a billion worldwide, has long been in the crosshairs of Washington over fears that its Chinese ownership could compromise user data. Oracle is expected to handle data and security functions as part of the arrangement.

While the financial terms and ownership structure have not yet been disclosed, the inclusion of the Murdoch family would bring one of the world’s most influential media groups into the deal. News Corp and Fox declined to comment on the president’s claims.

The revelation comes just months after Trump launched a $10 billion libel suit against the Wall Street Journal, owned by Murdoch’s media empire, over an article about his ties to Jeffrey Epstein.

Despite that legal battle, Trump framed the involvement of Murdoch, Ellison and Dell as proof the TikTok deal would be in “patriotic American hands” – though much still depends on how regulators in Washington and Beijing respond in the weeks ahead.

Read more:
Murdoch and Dell said to join US consortium for TikTok takeover, Trump claims

Previous Post

Vodafone franchisees raised mental health concerns years before £120m legal claim

Next Post

“Interactive Care Home Book Captures Residents’ Musical Memories”

Next Post

“Interactive Care Home Book Captures Residents’ Musical Memories”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

Microsoft Planner vs Trello: Which Project Management Tool is Better?

May 24, 2023

An update on the National Nature Assessment

April 23, 2025
Nicole Kidman Joins Paycom Webinar and Podcast to Talk Leadership, Tech and Work-Life Balance 

Nicole Kidman Joins Paycom Webinar and Podcast to Talk Leadership, Tech and Work-Life Balance 

January 31, 2025
The Digital Euro Isn’t About Freedom

The Digital Euro Isn’t About Freedom

0

0

0

0
The Digital Euro Isn’t About Freedom

The Digital Euro Isn’t About Freedom

November 21, 2025
Retail sales fall as shoppers delay spending ahead of Budget and Black Friday

Retail sales fall as shoppers delay spending ahead of Budget and Black Friday

November 21, 2025
Government borrowing overshoots forecast by £9.9bn, piling pressure on Reeves before Budget

Government borrowing overshoots forecast by £9.9bn, piling pressure on Reeves before Budget

November 21, 2025
Government unveils major AI investment package to drive UK growth and create thousands of jobs

Government unveils major AI investment package to drive UK growth and create thousands of jobs

November 21, 2025

Recent News

The Digital Euro Isn’t About Freedom

The Digital Euro Isn’t About Freedom

November 21, 2025
Retail sales fall as shoppers delay spending ahead of Budget and Black Friday

Retail sales fall as shoppers delay spending ahead of Budget and Black Friday

November 21, 2025
Government borrowing overshoots forecast by £9.9bn, piling pressure on Reeves before Budget

Government borrowing overshoots forecast by £9.9bn, piling pressure on Reeves before Budget

November 21, 2025
Government unveils major AI investment package to drive UK growth and create thousands of jobs

Government unveils major AI investment package to drive UK growth and create thousands of jobs

November 21, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.