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Brian Fung Profile picture
Brian Fung
@b_fung
Comms @Google. Past: @CNN @WashingtonPost @TheAtlantic Bluesky: https://t.co/JTVswBpl7m

Sep 19, 2020, 5 tweets

Trump says he’s approved the ByteDance-Oracle deal — story to come soon.

“I have given the deal my blessing,” Trump said. He also claimed the deal will include a $5 billion fund for US education, and that TikTok would be “totally controlled” by Walmart and Oracle (which seems to conflict with what we all were reporting earlier this week).

More here: cnn.com/2020/09/19/tec…

Commerce says the app store ban on TikTok has been averted:

So, here’s what we know:

-Trump blessed the TikTok deal
-The ban is delayed for a week
-Walmart & Oracle get a 20% stake
-$5B to an “education” fund, Trump said
-ByteDance still majority owner

cnn.com/2020/09/19/tec…

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