Trump disclosed that the investors in TikTok's U.S. assets are Medo's eldest son, Oracle, and Dell's founder.

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On September 22, U.S. President Trump stated that media tycoon Lachlan Murdoch, the son of Rupert Murdoch and CEO of FOX, Oracle co-founder Larry Ellison, and Dell Technologies CEO Michael Dell will serve as U.S. investors for TikTok's U.S. assets. Trump pointed out in an interview that the three are outstanding individuals and American patriots, believing they will do very well. Furthermore, according to a Reuters report citing White House officials, TikTok's U.S. assets will be controlled by American investors, and reputable individuals with national security and digital security credentials will participate in the U.S. board operations, with ByteDance holding less than 20% equity in the U.S. joint venture of TikTok. (Futu)

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