Fox Corp’s Lachlan and Rupert Murdoch might be part of the TikTok deal, Trump says
President Trump has said that Rupert Murdoch and his son Lachlan, the chief executive of Fox, are “probably” going to be involved in the investor group looking to buy TikTok in the US.
In an interview with Fox News that aired on Sunday, Trump suggested that the conservative media magnates would join partners such as Oracle and Dell in the proposed US deal for the popular social media app.
The potential investment would reportedly be made by the Fox Corporation, the media giant that operates Fox News and the Fox Network, rather than the Murdochs as individuals.
As noted by The New York Times, the conservative tone of the Murdoch’s media businesses will raise questions about whether TikTok’s new consortium of owners will be able to influence content on the app. Separately, Trump is currently suing Rupert Murdoch over the Wall Street Journal’s Epstein reporting.
In recent weeks, the US and China have been finalizing a deal for a US entity of TikTok separate from its Chinese parent company, ByteDance, following a federal law passed last year forcing the app to divest or be banned (though the deadline for this has been pushed back four times now).
The potential investment would reportedly be made by the Fox Corporation, the media giant that operates Fox News and the Fox Network, rather than the Murdochs as individuals.
As noted by The New York Times, the conservative tone of the Murdoch’s media businesses will raise questions about whether TikTok’s new consortium of owners will be able to influence content on the app. Separately, Trump is currently suing Rupert Murdoch over the Wall Street Journal’s Epstein reporting.
In recent weeks, the US and China have been finalizing a deal for a US entity of TikTok separate from its Chinese parent company, ByteDance, following a federal law passed last year forcing the app to divest or be banned (though the deadline for this has been pushed back four times now).
