Trump Reveals TikTok US Asset Investors to Be Mengdong's Son, Oracle, and Dell Founder

BlockBeats News, September 22: U.S. President Trump announced that Media Mogul Meghd's son, FOX CEO Lachlan Murdoch, Oracle co-founder Larry Ellison, and Dell Technology CEO Michael Dell will serve as American investors in TikTok's U.S. assets. Trump pointed out in an interview that the three are outstanding individuals and American patriots, believing that they will do very well.

In addition, according to Reuters quoting White House officials, TikTok's U.S. assets will be held by American investors and operated by reputable individuals with national security and digital security expertise on the U.S. board of directors, with ByteDance holding less than 20% ownership in the U.S. joint venture of TikTok. (Futu)