Updated: TRUMP APPROVES TIKTOK DEAL WITH ORACLE AND WALMART ‘IN CONCEPT’

TRUMP APPROVES TIKTOK DEAL WITH ORACLE AND WALMART ‘IN CONCEPT’

The new company, which will be called TikTok Global, has agreed to donate $5 billion to an education fund, which Trump said would satisfy his demand that the government receive a payment from the deal. “They’re going to be setting up a very large fund,” he said. “That’s their contribution that I’ve been asking for.”

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ByteDance Shocked By Trump Claims TikTok Deal Partners Will Seed $5BN Federal Education Fund

Enter: A $5 billlion pledge made collectively by TikTok, Oracle, Wal-Mart and the deal’s other backers that will seed a fund dedicated toward financing American education. The fund would go toward teaching American children “the history of the real America.”

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