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.

Trump names Ellison, Dell, and the Murdochs in a plan to take control of TikTok’s U.S. algorithm, with Oracle steering data protections.

Donald Trump confirmed on Sunday that the U.S. was “close” to reaching a deal with China over the purchase of TikTok and ...