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TikTok-Oracle deal contingent on $5 billion contribution to funding new “patriotic” history education curriculum Trump says

Bloomberg: “President Donald Trump said Saturday he wants $5 billion from companies creating a new U.S.-based TikTok venture directed toward teaching American children ‘the real history of our country.’ Trump said Saturday that he had approved a transaction between Oracle Corp., Walmart Inc. and ByteDance Ltd. to create a new company called TikTok Global to run the U.S. video-sharing app. As part of the arrangement, Trump told reporters at the White House the companies agreed to contribute $5 billion to an education foundation.”

“Later, during a campaign rally in Fayetteville, North Carolina, Trump said ‘we’re going to be setting up a very large fund for the education of American youth.’ He told his rally audience that in conversation with leaders of the companies, he said ‘do me a favor, could you put up $5 billion into a fund for education, so we can educate people as to real history of our country — the real history, not the fake history.’ On Thursday, Trump delivered a speech at the National Archives in Washington, in which he attacked the 1619 Project, a school curriculum created by the New York Times that orients American history from the date the first slaves arrived in the country.”

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