According to President Donald Trump, Rupert Murdoch and his son Lachlan Murdoch are expected to join a group of investors aiming to purchase TikTok's US operations. This potential deal comes after a April 2024 Congressional law mandated the sale of the app's US arm due to national security concerns.

• Other notable investors likely involved include Oracle chairman Larry Ellison and Dell founder Michael Dell.
• The US and China are reportedly making progress on the deal, which would remove TikTok’s US operations from its Chinese parent company, ByteDance.
• The sale is required due to fears that Beijing could access the personal data of TikTok's 170 million American users.