The Trump administration was talking about the potential Tiktok deal this week, as President Donald Trump Fox News on Sunday told Robert Murdoch and his son Lachlan “perhaps” they would participate.
“A man named Lachlan is involved,” Trump said. “Lachlan Murdoch … Ruert (Murdoch) may be in the group, and I think they will be in the group.”
The president also said that the Chairman of the Board of Directors of Oracle Larry Ellson and CEO of Dell Technologies is likely to participate.
While Trump did not specify whether he was talking about personal investments or company, following his comments, The deadline mentioned that Fox Corp – The owner of the Fox News, which is run by CEO Lachlan Murdoch, and led by Honorary Chairman RUPERT – actually in talks to join the group of investors that support Tiktok’s US Spinoff from the BYTEDANCE owner.
The White House press secretary, Caroline Levitt, appeared in Fox News on Saturday and said that an agreement was reached – but was not signed – that would see the American Tijook operations taking place under the majority of US ownership.
Levitte said that the Americans will occupy six seven seats in the Board of Directors at the Hyle Tiktok, and the short video application algorithm in the United States will be controlled, According to Bloomberg.
“Therefore, all these details have already been agreed, and now we just need to sign this deal and this will happen, and I expect, in the coming days,” Levitte said.
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Bloomberg also stated that a senior White House official said that new investors in Tijook will include Oracle, Andresen Horwitz and Silver Lake in the private stock company, with Oracle responsible for the security and safety of the application. According to what is reported, BYDANCE will have less than 20 % of Spun Offny.
A federal bill that was passed last year is scheduled to be banned in January, and a short time before Trump returned to his post, and The dark application has become a short period In the United States before Trump Extend the deadline again and again In order to sell to sell the application to its new owners. On Friday, Chinese President Xi Jinping was he had Agree on the dealAnd Tiktok also He issued a statement Shi and Trump thanked “for their efforts to preserve Tijok in the United States.”
The company said: “It will work by by atteedance according to the laws in force to ensure that Tiktok remains available to American users through Tiktok Us,” the company said.
This post and the title was updated with Trump’s comments about Robert and Laqlan Murdoch.
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