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Trump says Michael Dell is part of the team buying TikTok, with Larry Ellison and maybe some Murdochs

The Register · last updated

Dell CEO Michael Dell is part of the consortium that intends to acquire TikTok’s US operations, according to US president Donald Trump.

Speaking to Fox News on Sunday, Trump said Oracle founder Larry Ellison is one of a group bidding to acquire TikTok USA, confirming remarks his press secretary Karoline Leavitt made the previous day when she said the USA and China have finalized a deal to sell the app, that Ellison is involved, and that the deal will see the app’s famously addictive algorithm held by American interests.

Oracle’s cloud already hosts all traffic to the social network from within the USA.

Related Knowledge Center: The TikTok ban

State of Play

The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.

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More informationabout The TikTok ban