Trump says Michael Dell and Larry Ellison will be involved in US-TikTok deal

• Trump says TikTok deal “puts America first”
• Oracle will be responsible for data management in the US
• Larry Ellison, Michael Dell and Lachlan Murdoch could all be involved

President Trump has claimed he and Chinese President Xi Jinping had “approved the TikTok deal” following months of negotiations, with several heavyweight American investors would be at the forefront of the US-China deal.

Speaking with Fox News following Trump’s declaration, US Press Secretary Karoline Leavitt confirmed: “We are 100% confident that a deal is done… A deal that puts America first.”

Leavitt acknowledged the importance of the platform, noting the nation’s small businesses had benefitted from TikTok’s ecommerce opportunities, hence the importance that a deal be struck up.