Murdoch Family and Billionaires Likely to Join TikTok Deal

1 min read
Source: TechCrunch
Murdoch Family and Billionaires Likely to Join TikTok Deal
Photo: TechCrunch
TL;DR

President Trump indicated that Lachlan and Rupert Murdoch, along with other investors like Larry Ellison and Michael Dell, are likely to be involved in a deal to spin off TikTok's US operations, with Fox Corp and other firms in talks to back the US-focused company, which would be majority American-owned and controlled.

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