Search for What To Know About Digital World, The Company Funding Trump’s New Social Media Platform ‘truth Social’ on Bing

Former President Donald Trump’s new media company, Trump Media & Technology Group (TMTG), announced Saturday that it has secured $1 billion in funding from a “diverse group” of institutional investors ahead of going public via a special purpose acquisition company (SPAC)—a shell company set up for the sole purpose of raising money to acquire another company. The $1.25 billion in proceeds that TMTG estimates will result from the planned merger with Digital World Acquisition Corp., a blank check company headed by financier Patrick Orlando that was set up with the intention of “combining with a leading tech company,” will ostensibly go toward the development and launch of Trump’s forthcoming social media platform, TRUTH Social, as well as future related ventures. [time-brightcove not-tgx=”true”] “$1 billion sends an important message to Big Tech that censorship and political discrimination must end.

BING NEWS:
  • Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims
    Trump Media & Technology Group is asking Congress to investigate its suspicions that illegal activity is driving down its share price.
    04/24/2024 - 2:40 am | View Link
  • Wall Street Don Deals More Liar’s Poker
    When last we checked in on Trump’s new media company, which has the full name of Trump Media & Technology Group (TMTG) and trades on Nasdaq under the monogrammatic ticket symbol DJT, the shares had ...
    04/18/2024 - 7:00 pm | View Link
  • Trump Media Stock Hit As Truth Social Plans TV Streaming Platform
    Shares of Trump Media & Technology Group Corp. fell more than 14 percent on Tuesday's trading on Nasdaq after the operator of the ...
    04/16/2024 - 9:08 pm | View Link
  • Trump Media stock price fluctuation: What to know amid historic hush money criminal trial
    Trump Media owns Truth Social, a social media platform created by Donald Trump. Its share prices have plummeted after a big debut on the stock market.
    04/16/2024 - 9:26 am | View Link
  • Trump media plans TV streaming platform as Truth Social plummets
    Donald Trump's media group said Tuesday it will launch a streaming television platform, but its shares continued to tumble on Wall Street.
    04/16/2024 - 8:32 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News