Trump Announces TikTok Sale to US Investor Group Including Murdochs, Dell

President Donald Trump has announced plans involving prominent U.S. investors, including Rupert and Lachlan Murdoch, Larry Ellison, and Michael Dell, to acquire TikTok's American operations, ensuring its continued presence and control in the U.S. These investors are described by Trump as "great American patriots" who are technologically savvy and committed to protecting the platform. Trump emphasized the patriotic motivations behind the deal during interviews on Fox News and highlighted ongoing discussions with Chinese President Xi Jinping to finalize the arrangement. However, the deal has drawn criticism for its unprecedented government intervention in private enterprise, potentially affecting U.S. competitiveness. Additionally, Trump is currently engaged in a $10 billion defamation lawsuit against Rupert Murdoch, yet still includes him in the TikTok investor group. The exact terms and timing of the TikTok transaction remain unclear, but it signals a significant shift in U.S. efforts to assert control over Chinese-owned technology assets.