Here are some things to know about Trump's social media platform and where it fits into the broader social media landscape.
Here are some things to know about Trump's social media platform and where it fits into the broader social media landscape.
Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the platform formerly known as Twitter following the Jan. 6 attack on the U.S. Capitol.
Trump Media and Technology Group surged in its trading debut, substantially
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 share price fall by nearly 14 per cent shortly after shareholders approved a merger on Friday morning. The merger is with the former president's social...
Former President Trump stands to gain billions in stock shares in a merger
Donald Trump faces big civil judgments, but the merger of Digital World Acquisition and his social media company could net him a $3 billion windfall.
The 2024 presidential campaigns of President Joe Biden and former President Donald Trump on Monday locked horns over social media.The campaigns of the rivals, who are expected to face each other in a 2020 rematch in November, traded multiple posts on X, formerly Twitter, after the Biden campaign shared a clip of Trump suggesting that he would be "allowed" to take money from a foreign government to pay a bond required for an appeal of his New York civil fraud judgment.New York's appellate court...
Trump Media debuts with a stock price near $50 and a market value of about
Former President Donald Trump's social media company got off to a quick start in its stock market debut Tuesday. Shares of Trump Media & Technology Group, the parent company of Truth Social, shot up more than 50% in its first minutes of trading. The quick move triggered a trading halt of five minutes, which exchanges use to put a check on volatile stock moves. Shares cooled slightly after trading resumed. The stock was up about 40% on the day as of an hour into trading. Shareholders in shell...
(AP) – Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Join our WhatsApp group Subscribe to our Daily Roundup Email Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s
Former US President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a tie-up currently worth about $6 billion. The deal values Trump's majority stake in the company that holds his app Truth Social at about $3.6 billion. The windfall could prove vital as Trump grapples with the financial fallout of a string of legal cases against him, including a $454 million judgment in a civil fraud...