Murdoch’s TikTok? Trump offers allies another lever of media control

The article discusses a potential deal between the United States and China regarding the popular social media platform TikTok. According to the article, under the reported terms of the deal, TikTok's U.S. operations would be taken over by a group of U.S. investors, including Oracle, a U.S. software company. This deal would give Trump's billionaire allies, such as the Murdochs and Ellisons, a significant degree of control over a major social media platform, which the article describes as "vast and unprecedented." The article notes that the details of the deal are not finalized, but it suggests that the arrangement would allow the owners of the U.S.'s most powerful cable TV channels to also steer the nation's most influential social network, TikTok. The article presents this potential outcome as a concerning development, as it would give Trump's allies a considerable level of influence over U.S. media.