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Trump Backs Billionaire Bid for TikTok Amid Security Concerns

9/21/2025

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Summary

Story summary

President Trump announced potential involvement of billionaires Rupert Murdoch, Lachlan Murdoch, Larry Ellison, and Michael Dell in acquiring TikTok's U.S. operations.
He described them as "American patriots" who would oversee TikTok's algorithm and data.
White House press secretary Karoline Leavitt confirmed that six of seven board members will be American, with Oracle managing data security.
In 2024, Congress mandated TikTok's sale to U.S. investors due to national security concerns.
Trump credited TikTok for helping him engage young voters in the 2024 election, while the deal's deadline has faced multiple extensions amid talks with China's Xi Jinping.

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Story summary

President Trump announced potential involvement of billionaires Rupert Murdoch, Lachlan Murdoch, Larry Ellison, and Michael Dell in acquiring TikTok's U.S. operations.
He described them as "American patriots" who would oversee TikTok's algorithm and data.
White House press secretary Karoline Leavitt confirmed that six of seven board members will be American, with Oracle managing data security.
In 2024, Congress mandated TikTok's sale to U.S. investors due to national security concerns.
Trump credited TikTok for helping him engage young voters in the 2024 election, while the deal's deadline has faced multiple extensions amid talks with China's Xi Jinping.