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Murdochs likely to be involved in US TikTok deal, Trump says


Oracle chairman Larry Ellison and Dell founder Michael Dell are also both involved, the president tells Fox News.

The White House has raised expectations that a deal is on the verge of completion amid political pressure to take the social media app's US operations out of the hands of its Chinese owners ByteDance. China's official state news agency Xinhua's account of Trump's conversation with Xi reported the Chinese premier as as saying that Beijing "welcomes negotiations". The president, who called his Chinese counterpart earlier this week, said the US and China were making progress on a deal that would see the social media platform's American operations sold to US investors.

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