Topline
Lachlan Murdoch, the heir apparent to billionaire Rupert Murdoch’s media empire, might be involved in the deal to keep TikTok legal in the United States, President Donald Trump suggested in an interview with Fox News’ “The Sunday Briefing” program.
Lachlan Murdoch (right) with his father, Rupert Murdoch, the executive chairman of News Corp and chairman of Fox News.
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Key Facts
Speaking to Fox News’ Peter Doocy, Trump mentioned some of the Americans involved in the deal outlined by the White House yesterday, which would see Americans control six of the company’s seven board seats and control its algorithm.
“Larry Ellison’s one of them,” Trump said, referring to the billionaire co-founder of Oracle whose involvement was previously reported, while also noting “Michael Dell is involved”—referring to the billionaire chairman and CEO of Dell Technologies.
Trump also suggested Lachlan Murdoch would join those investors as well as potentially his media mogul father—“Rupert is probably going to be in the group, I think they’re going to be in the group.”
Trump did not elaborate on what role the Murdochs would play in the deal or in the company in the future, and Forbes has reached out to a representative for the Murdochs and Fox News for further comment.
This is a breaking story and will be updated.