Trump Reveals Powerhouse U.S. TikTok Takeover Team: Ellison, Dell, and Murdochs Take Center Stage

Trump assembles an all-star squad to seize TikTok's American operations—tech titans, media moguls, and finance heavyweights unite for the ultimate digital power play.

Oracle's Larry Ellison brings cloud supremacy to the table, while Michael Dell's hardware empire lays the infrastructure groundwork. The Murdochs? They're injecting media domination into the algorithm.

This isn't just a takeover—it's a corporate coronation. Wall Street's already salivating over the potential ad revenue, because nothing gets financiers hotter than a forced acquisition with guaranteed user numbers.

Washington meets Silicon Valley in a billion-dollar tango. The result? Either a masterstroke of digital sovereignty or the most expensive content moderation headache in history.

China’s ByteDance will get 1 of 7 board seats for TikTok’s U.S. operations, official says

White House press secretary Karoline Leavitt said on Saturday that the restructured TikTok entity will feature seven board members, and 6 of the board members will be American. That setup reflects the requirements of a Congress bill in April 2024 that called for a national ban on TikTok in the US unless 80% of the app’s assets were sold to investors in America.

Leavitt also said that privacy and data for U.S. users will be led by Oracle and that Oracle invest in the platform. Ellison’s company started hosting TikTok’s U.S. data in 2020, an arrangement that has been central to the government’s data security aims for the platform.

This week’s movement marked a rare step forward after months of talks between the United States and China aimed at easing friction over trade and technology, which has weighed on markets.

Trump said Friday that he and Xi moved forward towards agreement on TikTok during their call and planned to meet in person in six weeks, though Beijing’s public statements have not made clear how far the talks have advanced.

It is not yet clear whether the arrangement under discussion will satisfy Congress’s requirement for a complete separation under the 2024 law. Questions remain over how control of the algorithm will be handled and how the new board’s authority will be defined within the U.S. structure.

Trump has given TikTok a lot of credit for helping him win last year’s election. On his personal account, the president has over 15 million followers. Last month, the WHITE House also created an account on TikTok, highlighting the platform’s reach even as officials push for changes in its ownership.

Under the agreement described by the White House official, all data on American users WOULD be stored on U.S. cloud infrastructure run by Oracle. That matches the hosting setup that began in 2020 and would continue if the ownership plan goes ahead. Negotiators are racing against the mid-December pause and the January 2025 deadline set by law.

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