TikTok Ownership Battle Attracts Major U.S. Investors

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TikTok’s U.S. operations have drawn interest from top investors, including Rupert Murdoch, Larry Ellison, Michael Dell, and others. Competing groups like The People’s Bid and the American Investor Consortium have proposed U.S.-controlled structures, with backing from tech founders, celebrities, and financial firms. The deal could value TikTok’s U.S. business at around $60 billion.