President Donald Trump announced that several well-known American billionaires, including Rupert Murdoch, Michael Dell, and Larry Ellison, are likely to be part of a new US-led group taking control of TikTok's US operations.

The announcement marks a shift in the ongoing negotiations aimed at preventing a nationwide ban of the popular social media app.

During a Fox News interview aired Sunday, Trump said the group could include tech founder Michael Dell, Oracle's Larry Ellison, and media leaders Rupert and Lachlan Murdoch. "I think they're going to be in the group," Trump said.

"Really great people, very prominent people... American patriots."

The potential involvement of the Murdochs could mean that Fox Corp., not the individuals themselves, would be part of the buying group.

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