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Trump Media, which experienced a flurry of trading activity Tuesday as a possible proxy for Donald Trump’s presidency chances, revealed after the closing bell Tuesday a loss for the third quarter along with a sight drop in already-meager revenue, CNBC reported. The Truth Social parent lost $19.2 million during the period. Revenue fell 5.6% to just $1.01 million from the
The Securities and Exchange Commission announced settled fraud charges against Digital World Acquisition Corporation (DWAC), a special purpose acquisition company (SPAC), for making material misrepresentations in forms filed with the SEC as part of DWAC’s initial public offering and proposed merger with Trump Media & Technology Group Corp. (TMTG). The Commission finds that DWAC misled investors and the SEC by
Fox News sounds like the kind of company that would want to be on Truth Social. It tends to provide information in a way that attracts people who are conservative. It has a history of being extremely supportive of former President Trump. Axios reported a verified Fox News account appeared on Truth Social. The strange thing is, Fox News was
It is no secret that Truth Social has had some problems. Reuters reported that there is a Truth Social app for iPhone, but none for Android. According to Reuters, many who downloaded the app on their iPhone are on a waiting list, unable to access the platform. Trump Media & Technology Group Chief Executive Devin Nunes, a former Republican congressman,