Former President Trump came out swinging against independent presidential candidate Robert F. Kennedy Jr. Friday, despite weeks of amping him up over his likely November rival, President Biden. In a series of post on Truth Social, Trump suggested Kennedy was put in the race to help Biden win reelection and claimed his running mate, Nichole … Read more
The social media company founded by former President Donald Trump applied for a business visa program that he sought to restrict during his administration and which many of his allies want him to curtail in a potential second term. Trump Media & Technology Group, the company behind Truth Social, filed an application in June 2022 … Read more
Former President Donald Trump is set to earn a $1.25 billion “earnout” bonus from his media company after its stock price exceeded a key threshold that made him eligible for the reward. Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the … Read more
Ken Griffin’s Citadel Securities lambasted Devin Nunes, the CEO of Truth Social’s parent company, as a “proverbial loser” after the former Republican congressman blamed Wall Street market makers for Trump Media and Technology Group’s tanking stock price. The war of words was triggered by a letter Nunes sent to the Nasdaq Stock Market on Thursday … Read more
Trump takes credit for Roe v. Wade reversal; says states should decide abortion laws – CBS News Watch CBS News Former President Donald Trump took credit on Monday for ending the constitutional right to abortion but said the issue is now up to the states. CBS News senior White House correspondent Weijia Jiang has more. … Read more
Shares of Donald Trump’s media and technology firm fell as much as 12% on Monday, extending a selloff that has now reduced the value of his stake in the operator of Truth Social to $2.9 billion. After its strong debut in late March, investors have soured on Trump Media & Technology Group after the company disclosed … Read more
Former President Donald Trump’s media company appears to be losing its sheen a week after its debut, with shares on Monday tumbling below its opening trading price, shaving more than $4 billion of market value from its peak. The plunge in Trump Media & Technology Group’s shares, which debuted on March 25 under the ticker … Read more
Truth Social, the social media app from Trump Media, could potentially attain a valuation exceeding $5 (£3.96) billion. Digital World Acquisition Corp. investors have greenlit a merger agreement with Donald Trump’s company. Trump’s Truth Social, despite ongoing financial losses, is poised to integrate into a publicly traded entity. After lengthy delays, the merger has ultimately … Read more
On Saturday, Trump told his numerous online followers, “I love Truth Social.” However, there might be a disconnect between Trump’s enthusiasm and the feelings of shareholders as the company that recently merged with Truth Social saw a significant drop in its stock price the day before. Digital World Acquisition Corp., a shell company, saw its … Read more
Last summer, former President Donald Trump reportedly asked Elon Musk whether the billionaire would entertain the idea of acquiring his social network, Truth Social, as reported by two individuals familiar with the conversation. Much to Trump’s chagrin, the initial approach to Musk, whose expansive business portfolio encompasses Tesla, SpaceX, xAI and social networking site X, … Read more
