Overview

• Trump told Fox News that Lachlan Murdoch, Larry Ellison and Michael Dell will participate in a U.S. bid to keep TikTok operating.
• He said U.S. investors would hold a majority stake in the platform’s American operations and praised the group as “American patriots.”
• China has not publicly confirmed any agreement, and Xi Jinping did not corroborate Trump’s claim after their recent call.
• The app continues to run in the United States under a congressionally mandated divest-or-ban law, with the next deadline extended to December 16.
• Control of TikTok’s recommendation algorithm and required export and regulatory approvals remain the core unresolved issues.