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.”
Related:
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.”
TikTok says it’s here to stay; ban from U.S. app stores delayed to September 27
You must be logged in to post a comment.