Conservative media billionaire Rupert Murdoch and personal computer pioneer Michael Dell are expected to be part of a buyer group to extricate TikTok from Chinese ownership, according to US President Donald Trump.
Trump said on Sunday that Murdoch and his son Lachlan would “probably” be in an investor group buying shares in TikTok, owned by its Chinese parent company ByteDance, as part of a spin-off the White House has been negotiating for months.
Fox Corp, the owner of cable channel Fox News, is in talks to invest in TikTok, according to people familiar with the matter. The investment would not be made via the Murdoch family’s personal assets or News Corp, the people said.
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