How News Corp’s Lachlan Murdoch could have control of TikTok

Donald reported that Lachp, Lachlan and Rupert Murdoch were involved in the relatives. to agree Tiktok’s Chinese owners and a hall of American investors, moment FOX News’ Sunday briefing That the consortium includes Australian-American media Dons.

It has been reported that up to $ 75 billion, the agreement will see that Americans control US operations of Tiktok and work as usual for 170 million US -based users. Trump had previously warned Tiktok that he would be closed in the United States if he did not sell US operations.

“Most well-known people-Larry Ellison, including them, including a great man, Michael Dell, including Michael Dell, Tr Trump said.

“I hate to tell you this, but including a man named Lachlan. Lachlan, this is an unusual name, Lachlan Murdoch. And Rupert will probably be in the group. I think they will be in the group.”

“A few people. Really great people, very leading people,” he said.

“And they are American patriots, you know, they love this country. I think they will do a really good job.”

For the first time, the participation of Murdochs was a signal as part of the agreement, which had a deadline date to complete December 16, and the implementation of the Biden period by Tiktok by Tikkok by Tiktok, after a few extensions of Tiktok due to the concerns of the Chinese state.

Murdoch’s own News Corp directed a successful campaign in Australia to prohibit access to social media practices, such as Tiktok, for users under 16 years of age, but the laws of the laws (the critics will start on December 10) are close to the publication agreements that the social media platforms did not have with news publishers.

The agreement is expected to be a part of the application in America, where Tiktok will protect a minority shares of a maximum of 20%minority. This will comply with the requirements of “Sales-or Banda”. lawsIt limits any company from the “xenophobia” countries, which have more than 20% shares in companies operating in the USA. Countries set “Enemies” contain North Korea, China, Russia and Iran. In spite of the expected minority shares, the Bayt will be forbidden to obtain a “operational relationship with the new US -based asset.

However, it is another question whether sales contain access to Tiktok’s promising algorithm. Washington Post reports The new US TIKTOK will license the algorithm, but just new notes It makes it uncertain whether this license from the White House contains a replacement of the algorithm. The Chinese law requires the algorithm to remain under Chinese control, on the contrary, the new presence of the US law requires a “operational relationship” with a Baytak.

There is a vibrant possibility that American users can access a US version of the USA, but contrary to what the application is going darkness For American users earlier this year, American users are expected to communicate with users around the world.

The American investor group participating in the sale includes a number of important names with many important connections with Australia. As a part of the agreement, President Trump chose Larry Ellison, the second richest person in the world. White House Press Secretary Karoline Leavitt in question This week, Oracle will be responsible for data and privacy, and Tiktok will be “the majority by Americans in the United States”.

Ellison’s son David recently became the president, CEO and owner of 50% of the voting rights in Paramount Global in the American media holding, which had the network of Australia after a combination of 12 billion dollars with Skydance Media. July. While David has voting interests associated with this purchase, Larry maintains its value.

In the agreement, the private capital company Silver Lake in 2021 bought A minority shares of 33.3% in Australia’s professional leagues (APL) responsible for Australia’s best flight football competitions. The investment was worth approximately $ 130 million and the APL valued about $ 425 million.

In addition to Silver Lake, another private capital company, Andreessen Horowitz folded 607 million dollars for the acquisition of X by Elon Musk lost $ 437 million in two years.