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Shares of Donald Trump-backed Digital World soar after feds finally clear Truth Social deal

The Securities and Exchange Commission on Thursday cleared the way for a merger between blank check acquisition firm Digital World Acquisition Corp. and former President Donald Trump’s media technology company. digital world Said The registration statement for a proposed merger with Trump Media & Technology Group (TMTG), the operator of social media platform Truth Social, […]

‘Manipulate and addict’: NYC sues social media giants, claiming platforms are ‘fueling’ youth mental health crisis

New York City Democratic Mayor Eric Adams announced Wednesday that his administration had filed the complaint. lawsuit One report said it has challenged several social media giants, claiming their platforms are “fueling a national youth mental health crisis.” press release From the mayor’s office. “We have created jobs, opportunity and prosperity with new technologies, but […]

SEC approves Truth Social, Digital World merger

The Securities and Exchange Commission (SEC) has approved a merger between former President Trump’s media startup and a blank check company seeking to take his platform, Truth Social, public. Digital World Acquisition Corporation (DWAC) announced Wednesday that its registration statement for its merger with Trump Media & Technology Group (TMTG) has been declared effective. The […]