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Trump says Larry Ellison, Michael Dell and Murdochs will be involved in TikTok deal

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https://www.cnn.com/2025/09/21/business/tiktok-trump-murdochs-oracle-deal

President Donald Trump on Sunday said tech and media giants Larry Ellison, Michael Dell, and Lachlan and Rupert Murdoch will be a part of the group to take over TikTok’s algorithm in the acquisition of the social media platform’s US operations.

“You know, they’re very well-known people. And Larry Ellison is one of them. He’s involved. He’s a great guy. Michael Dell is involved. I hate to tell you this, but a man named Lachlan is involved,” Trump said on Fox News’ “Sunday Briefing,” referring to Lachlan Murdoch — the CEO of Fox Corp., which is the parent company of Fox News — and the son of Fox Corp. founder Rupert Murdoch.

Trump added that Rupert Murdoch “is probably going to be in the group.”

The TikTok talks involving the Murdochs could result in Fox Corp. becoming part of the consortium, according to a person familiar with the matter. Rupert and Lachlan Murdoch would not be investing as individuals.

Participating in the TikTok consortium could provide a boost for Fox Corp., which has been making many digital media investments to offset declining areas of business like broadcast television.

Dell is the CEO of computer maker Dell Technologies.