US President Donald Trump has floated Oracle co-founder Larry Ellison, Dell founder Michael Dell and media executive Lachlan Murdoch as potential investors in TikTok’s US operations. The comments came after a call with Chinese President Xi Jinping over shifting the app’s American assets away from its Chinese parent company ByteDance, part of a deal aimed at keeping TikTok running in the US.
00:00U.S. President Donald Trump has named several business leaders as potential investors in TikTok's American operations.
00:07Oh, I'd rather have them. You know, they're very well-known people.
00:11And Larry Ellison's one of them. He's involved. He's a great guy.
00:15Michael Dell is involved.
00:18I hate to tell you this, but a man named Lachlan is involved.
00:23You know who Lachlan is? That's a very unusual name. Lachlan Murdoch.
00:26These are all top executives from Oracle, Dell Technologies and Fox Corp.
00:32His comments on Fox News channels, the Sunday briefing, follow a call with Chinese President Xi Jinping on shifting TikTok's American assets from China's ByteDance, part of a deal to keep the app running in the U.S.
00:45A Biden-era law requiring the sell-off of the app's U.S. assets over data security concerns has not yet been enforced under Trump.
00:52TikTok has 170 million users in the U.S.
00:56A Biden-era law requiring the sell-off of the app's U.S.
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