Trump names participants in TikTok deal
22 September 2025 05:17
The deal with TikTok includes the second richest man in the world, Oracle co-founder Larry Ellison, as well as Dell CEO Michael Dell and representatives of the Murdoch family.
This was stated by the President of the United States Donald Trump in an interview with Peter Doocy on Fox News, The Guardian reports, "Komersant Ukrainian".
“Larry Ellison is one of the participants. Michael Dell is also involved. And also Lachlan Murdoch – a name you don’t hear very often. Rupert Murdoch may also be part of this group,” Trump said.
The US President clarified that it is a “huge” amount. According to media reports, the investors will head the new American division of TikTok, a social network owned by the Chinese company ByteDance.
on September 19, Chinese President Xi Jinping held telephone talks with the US President to discuss the acquisition of TikTok. According to the American leader, the Chinese side has approved the deal and it is moving towards completion, but there are still many important steps ahead.
on December 16, Trump decided to postpone the entry into force of the law banning the Chinese social network TikTok in the United States.
Earlier, it was revealed that the White House would receive a multi-billion dollar fee from TikTok investors.
