Trump says Michael Dell and Larry Ellison will be involved in US-TikTok deal

Date:
Mon, 22 Sep 2025 13:03:00 +0000

Description:
The White House has confirmed a TikTok deal is done to retain US access to
the platform.

FULL STORY ======================================================================Trump says TikTok deal puts America first Oracle will be responsible for data management in the US Larry Ellison, Michael Dell and Lachlan Murdoch could
all be involved

President Trump has claimed he and Chinese President Xi Jinping had approved the TikTok deal following months of negotiations, with several heavyweight American investors would be at the forefront of the US-China deal.

Speaking with Fox News following Trumps declaration, US Press Secretary Karoline Leavitt confirmed: We are 100% confident that a deal is done A deal that puts America first.

Leavitt acknowledged the importance of the platform, noting the nations small businesses had benefitted from TikToks ecommerce opportunities, hence the importance that a deal be struck up. America has reached a TikTok deal, finally

Although details of the deal remain under wraps as the two nations finalize details and sign agreements, Leavitt did confirm that Oracle will be responsible for the platforms data in the US.

American investors are also said to be integral to the deal, with Trump indicating the likes of Oracles Larry Ellison and Dells Michael Dell could both be involved.

Trump also alluded to the potential involvement of Lachlan Murdoch, who has huge influence over much of the worlds media including Nova Entertainment, News Corp and Fox Corporation.

The deal ensures TikToks US entity will be majority US-owned, with six of the seven board seats held by US citizens. It would also comply with US laws requiring TikTok to be sold to a US buyer amid security concerns.

This comes after lawmakers and intelligence agencies worried that TikTok
could allow the Chinese government to access US user data, and that China could influence what content Americans see via algorithmic manipulation. Leavitt confirmed the US would retain control over UT users algorithms.

The White House has not yet confirmed the closure of the deal, but we expect to hear details very soon. You might also like Weve listed the best business networking apps Use the best online marketing services to reach new audiences TikTok to be saved in the US as Trump confirms a deal with China ahead of upcoming ban



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Link to news story: https://www.techradar.com/pro/trump-says-michael-dell-and-larry-ellison-will-b e-involved-in-us-tiktok-deal


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