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.