Trump Hints Murdochs May Invest in TikTok to Avoid U.S. Ban
Financial MarketsMurdochsUpdated 10 hours ago

Trump Hints Murdochs May Invest in TikTok to Avoid U.S. Ban

In a recent interview, former President Trump suggested that Rupert Murdoch and his son Lachlan may join a consortium of investors for TikTok's U.S. operations. This potential investment reflects a strategic move by Fox Corporation to engage with the popular app and could influence its future in the U.S. amid ongoing regulatory scrutiny. The involvement of the Murdochs could lead to significant changes in TikTok's management and strategy.

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Trump Says the Murdochs May Join TikTok Investors
PositiveFinancial Markets
In a recent Fox News interview, President Trump hinted that media mogul Rupert Murdoch and his son Lachlan, CEO of Fox Corporation, might invest in TikTok to help prevent a U.S. ban on the app. This potential investment is significant as it reflects a strategic move by Fox to engage with a platform that has become immensely popular among users. By considering this deal, Fox Corporation could not only secure its interests but also play a role in shaping the future of TikTok in the U.S., which is crucial for both the app's users and the broader media landscape.
Trump Says Murdochs Likely to Be Part of TikTok U.S. Investor Consortium
PositiveFinancial Markets
Former President Trump has indicated that the Murdoch family is likely to join a consortium of investors for TikTok's U.S. operations. This development comes as the White House anticipates a new ownership structure deal to be finalized soon. The involvement of high-profile investors like the Murdochs could signal a significant shift in TikTok's management and strategy in the U.S., which is crucial given ongoing regulatory scrutiny.

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