Others involved in TikTok negotiations include Dell Technologies CEO Michael Dell and Oracle Chief Technology Officer Larry Ellison.

More details about a U.S. takeover of TikTok emerged Sunday, including possible investment from Rupert and Lachlan Murdoch.

President Donald Trump has mentioned that billionaires like Rupert Murdoch and Michael Dell could be part of deal in which the U.S. will take control of TikTok.