Donald Trump’s stake in Truth Social parent drops to $3B after shares continue to plummet
Shares in Donald Trump’s media technology company fell as much as 12% on Monday, extending the decline, with the value of Trump-run Truth Social now down to $2.9 billion. After a strong start in late March, Trump Media and Technology Group disclosed multimillion-dollar losses earlier this month and expressed difficulty repaying financial debt. , investors […]
Trump Media CEO Devin Nunes says Truth Social parent company is ‘well positioned’ in response to criticism over profitability
Trump Media CEO Devin Nunes said the parent company of the former president’s platform Truth Social is “well positioned” to return to profitability in response to recent criticism. FOX News host Maria Bartiromo said on “Sunday Morning Futures” that recent regulatory filings show Trump Media & Technology Group will lose $58 million in 2023. We […]
Trump touts ‘very solid’ Truth Social after parent company reports $58M loss
Former President Trump insisted Thursday that Truth Social is in “very strong shape” after the parent company reported $58 million in losses last year and its stock price fell more than 20% this week. “All of TRUTH SOCIAL’s competitors, especially those in the Radical Left Democratic Party who are failing on every level, use their […]
Truth Social parent company lost $58 million in 2023
The parent company of former President Trump’s Truth Social platform reported a $58 million loss in 2023. New regulatory filings. Trump Media & Technology Group, which went public last week, had revenue of about $4.1 million last year and had revenue of just over $750,000 in the fourth quarter, the Securities and Exchange Commission said. […]
Brooklyn parents call on state to oust anti-Israel parent board
Four disgusted Jewish mothers are demanding that the entire controversial Brooklyn School District Parent Council be disbanded over its discriminatory and anti-Semitic behavior. The District 14 Area Education Council, a volunteer board serving Greenpoint and Williamsburg, uses its official platform to promote anti-Israel views and organize rallies, according to a petition filed with the state […]
Parent group raises $40K to patrol UC Berkeley campus over crime concerns
A group of disgruntled parents at the University of California, Berkeley has raised $40,000 to hire unarmed security guards to monitor the streets around the California campus as concerns continue to rise in crime. . Parents and community members from Safe Bears, a nonprofit organization founded in 2022, have raised $40,000 in late 2023 to […]
Far-Left Satire Site ‘The Onion’ Part of Parent Company Fire Sale
The Onion, a once-funny far-left satire site, is now part of a fire sale run by its parent company, G/O Media. G/O Media had already unloaded sports sites Deadspin and feminist Jezebel. On Tuesday, the beleaguered and shrinking G/O announced it had sold left-wing entertainment site The AV Club and food site The Takeout. of […]
Truth Social parent company shares soar in stock market debut
Shares of former President Donald Trump’s social media startup rose nearly 50% after its stock market listing on Tuesday, triggering a trading pause. Trump Media & Technology Group, the parent company of President Trump’s “Truth Social” platform, went public on Tuesday morning after years of efforts to merge with a special acquisition company (SPAC). The […]
Truth Social parent company to hit stock market Tuesday
Truth Social’s newly formed parent company will go public on the stock market on Tuesday, completing a multi-year merger that is expected to net former President Trump billions of dollars. Special acquisition purpose company (SPAC) Merger with parent company Truth Social After months of negotiations and legal challenges, Trump Media and Technology Group was cleared […]
Detroit-area teacher says she was fired after parent complained about her side hustle as a rapper
A Detroit-area teacher claims he was fired from his job after the school received complaints about his moonlighting as a rapper, local media reported. Domonique Brown is a former U.S. history teacher at Taylor Preparatory High School in Taylor, Michigan. told FOX2 Last week, parents anonymously complained to the school about her sideline rap career […]