Truth Social Merger Is Approved, Potentially Giving Trump $3.5B, But Detractors Say It’ll Be Too Late
(Photo by CHRIS DELMAS/AFP via Getty Images) OAN’s Brooke Mallory12:12pm – Friday, March 22, 2024 Digital World Acquisition Corporation (DWAC) shareholders on Friday approved a merger with former President Trump’s social media website, setting the stage for Truth Social to list on the stock market and giving Trump $3.5 billion. may result in advertisement The […]
Social Security head warns against raising retirement age after GOP proposal
Social Security Administration (SSA) Secretary Martin O’Malley warned that raising the system’s retirement age would disproportionately hurt blue-collar workers, a day after the Republican Study Committee (RSC) announced the proposed age increase. . The RSC, which represents nearly 80% of House Republicans, released a budget Wednesday that would raise the age for Social Security benefits […]
Trump Could Get $3.5B Windfall after Shareholders Approve Truth Social Merger
Former President Donald Trump will reap a $3.5 billion windfall after Digital World Acquisition Corporation shareholders approved his merger with Truth Social on Friday. A potential multibillion-dollar injection comes as New York Attorney General Letitia James moves to seize President Trump’s assets to pay $464 million bail in a New York civil fraud case. by. […]
Apple’s ‘green bubble’ Android texts fuel ‘social stigma’: DOJ
The Justice Department has accused Apple of tormenting Android smartphone users with a terrifying “green bubble” of text messages, calling it “social stigma, exclusion, and stigmatization” as part of a landmark antitrust case against the iPhone maker. He called it a symbol of The “green bubble” status has long been the subject of ridicule online, […]
Reddit IPO: How the social media stock is trading on day 2 – Yahoo Finance
Reddit (RDDT) entered its first full day of trading on the New York Stock Exchange on Thursday since its IPO. Despite soaring 48% in its market debut, investors remain wary of potential volatility stemming from the company’s decision to offer shares to investors without a lock-up period. Yahoo Finance Jared Bricle and sheena smith Break […]
Truth Social merger approved, giving Trump potential source of cash
Digital World Acquisition Corporation (DWAC) shareholders on Friday approved a merger with former President Trump’s media startup, giving Truth Social a stock market debut and a potential $3.5 billion windfall for Trump. I raised it. The long-delayed merger between the blank check company and Trump Media & Technology Group received regulatory approval from the Securities […]
Trump’s Truth Social likely to get stock market approval, potentially netting him billions
Truth Social CEO and former congressman Devin Nunes denied speculation that former President Donald Trump would no longer be an exclusive member of the platform. Former President Trump will find out Friday whether his social media platform, Truth Social, will be given the green light to trade on the Nasdaq stock market. The vote will […]
GOP faces internal battle over raising age for Social Security
Republicans are locked in an internal battle over whether to push through reforms that would cut Social Security spending, with some conservatives rallying around the idea of raising the retirement age. Republicans pushing for Social Security reform argue that raising the retirement age would not cut benefits, but would be phased in so as not […]
Social Security head warns against raising retirement age after GOP proposal – The Hill
Social Security Administration (SSA) Secretary Martin O’Malley warned that raising the system’s retirement age would disproportionately hurt blue-collar workers, a day after the Republican Study Committee (RSC) announced the proposed age increase. . The RSC, which represents nearly 80% of House Republicans, released a budget Wednesday that would raise the age for Social Security benefits […]
Reddit IPO spikes, reigniting social media sector
Sarah Kunst, managing director at Creo Capital, talks about Reddit’s “unusual” IPO and Encyclopedia Britannica seeking $1 billion IPO valuation in “How to Make Money.” Reddit, best known for hosting forums where users can share, discuss and vote on content, received a warm welcome on Wall Street. The stock, which trades on the New York […]