Doubts surround ‘education fund’ connected to TikTok deal

President Trump has given his “blessing” to Oracle’s partnership with ByteDance to operate TikTok, but his claim that the companies would finance a $5-billion “patriotic” education fund has raised questions about the deal to allow the app to operate in the U.S.



a close up of a screen of a cell phone: President Trump says he had given "preliminary" approval for Oracle's partnership with ByteDance and Walmart to operate TikTok, adding that he was in talks with the partners to fund a $5-billion "patriotic" education venture. (Getty Images)


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President Trump says he had given “preliminary” approval for Oracle’s partnership with ByteDance and Walmart to operate TikTok, adding that he was in talks with the partners to fund a $5-billion “patriotic” education venture. (Getty Images)

The president said he had given “preliminary” approval for the deal that Oracle and ByteDance, the Chinese owner of the short-video app, proposed to alleviate concerns about protecting U.S. national security.

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But in a new twist in the more than week-long negotiations between the companies and his administration, Trump said his team was talking to them about funding a venture that would teach American

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