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 […]
Shares of Truth Social Buyer DWAC Jump 20%
“I love Truth Social,” Donald Trump declared over the weekend on Truth Social, the social media platform he launched to fight left-wing censorship of conservative ideas. Investors in Digital World Acquisition Corp. likely feel the same way, as stock rose about 21% on Monday. DWAC is a special purpose acquisition company (SPAC) formed to acquire […]
Ron DeSantis signs law restricting social media for people under 16
Florida Gov. Ron DeSantis signed a bill Monday that bans children under 14 from accessing social media platforms and requires parental consent for 14- and 15-year-olds. Supporters say the measure will protect children from online risks to their mental health. The measure requires social media platforms to terminate the accounts of people under the age […]
UK Social Campaign Tells Vietnamese Not to Become Illegal Migrants
AFP – Britain on Monday launched a new global social media campaign aimed specifically at Vietnam to stop migrants attempting to cross the Channel from northern France in small boats. It comes as statistics show the number of people arriving using this dangerous and controversial route has increased by 15 per cent so far this […]
Bill Maher tears into the government for working with social media companies to shut down COVID-19 debate
“Real Time” host Bill Maher on Friday evening slammed the government and social media platforms for trying to crack down on “dissenting voices” about the origins of the coronavirus. Maher emphasized to guest Carla Swisher that as the years have gone on, the “contrary views” on many issues have been “absolutely valid.” Similar dissent on […]
Death-defying NYC subway surfer gang ride train on iconic bridge in deadly social media trend: wild video
A group of reckless subway surfers risked their lives crossing the Williamsburg Bridge on Friday as the NYPD and MTA tried to curb a deadly social media trend. On Friday, seven people dressed in black were seen riding atop a subway car as it entered the bridge heading toward Marcy Street, according to video obtained […]
The Truth About Trump’s Truth Social Windfall
The Truth About Social Loss The shareholders of Digital World Acquisition Corporation On Monday, it boldly aligned their fortunes with Donald Trump’s Truth Social, ratifying a deal that would award nearly $3 billion in bounties to former and potential returning commanders-in-chief. This coincidence, especially as the progenitor of Trump Media & Technology Group (Trump Media […]
Trump’s Truth Social merger throws curveball into presidential race
The merger agreement involving former President Trump’s Truth Social platform is the latest financial development in the White House race, which aims to close the fundraising gap with President Biden. Despite polls showing a close national race with Trump leading in key states, Biden’s campaign efforts have significantly outpaced Trump’s in the first few months […]
Is the Truth Social deal Donald Trump’s last financial lifeline?
On the game show Who Wants to Be a Millionaire, contestants are given three lifelines to protect their chances of winning big, including asking viewers and calling friends. It was done. But for billionaire Donald Trump, a different kind of lifeline could keep his finances afloat. Friday Axios report Trump Media and Technology Group, the […]
Trump signals Truth Social windfall won’t be used to post bond in fraud case
Former President Trump suggested Friday that he does not intend to use a potential windfall from a merger involving Truth Social to post bond in a New York fraud judgment ahead of a Monday deadline. Digital World Acquisition Corporation (DWAC) shareholders on Friday approved a merger with President Trump-owned media startup Truth Social, giving the […]