Business

ByteDance says not aware of 5 billion dollar education fund in TikTok deal

TikTok owner Bytedance said in a social media post on Sunday that it was the first time it had heard in the news it was setting up a $5 billion education fund in the United States.

migrator

Updated:20th Sep, 2020 at 9:24 AM

Beijing

U.S. President Donald Trump said he had approved a deal, which included a $5 billion education fund, to allow TikTok to continue to operate in the United States.

“The company has been committed to investing in the education field, and plans to work with partners and global shareholders to launch online classroom projects based on AI and video technology for students around the world,” ByteDance said on its official account on Toutiao.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

ByteDance says not aware of 5 billion dollar education fund in TikTok deal

TikTok owner Bytedance said in a social media post on Sunday that it was the first time it had heard in the news it was setting up a $5 billion education fund in the United States.

Also Read

70 days on, no kuruvai relief yet: Anbumani Ramadoss

Centre’s Mines Bill erodes states’ powers: CPI secretary M Veerapandian

Tamil Nadu to set up 17 special courts for POCSO cases

Tamil Nadu government to revive Jayalalithaa's favourite elephant camp

TNPL 2026: Shahrukh’s 17-ball 50 boosts Kovai to top