© Reuters. Illustration image of the Bytedance logo with Chinese and US flags
NINGBO, China (Reuters) – TikTok owner Bytedance said in a social media post on Sunday that it was the first time on the news that a $ 5 billion education fund was set up in the US.
U.S. President Donald Trump said he approved a deal that included a $ 5 billion education fund to allow TikTok to continue operating in the U.S.
"The company is committed to investing in education and plans to work with partners and global shareholders to launch online educational projects powered by AI and video technology for students around the world," ByteDance said on its official account at Toutiao.
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