A Fox Corp. investment in TikTok would give the Murdoch media empire a platform with 170 million US users to promote a broad range of TV programming — from the NFL to The Simpsons — and a chance to redeem the family’s catastrophic purchase of MySpace 20 years ago.
Fox is considering making an investment in TikTok as part of a group that includes Oracle Corp., Andreessen Horowitz and Silver Lake Management in a deal orchestrated by the US government, Bloomberg News reported. President Donald Trump said Sunday that Fox Chief Executive Officer Lachlan Murdoch and his father Rupert would have a role in the business.
The Trump administration is pushing for the sale of TikTok’s American operations to comply with a law requiring the app’s Chinese owner to divest or face a ban o