Similar Stories to Why Truth Social Going Public Won't Save Trump From Disaster on Bing News

Susie Madrak, Crooks and Liars
Fri, 03/22/2024 - 5:28am

So Trump is on the verge of gaining what could theoretically be a massive windfall from his social media company. But it will likely come too late to save him from the financial peril he’s facing now. Via Politico: Investors on Friday are expected to sign off on a deal to allow Trump’s new venture, which operates Truth Social, to be publicly traded on Wall Street, clearing the way for a possible multibillion-dollar payday for the former president. But Trump’s stake will be tied up for much of the year under a so-called lock-up agreement, a normal arrangement for such deals to ensure that insiders don’t bail as soon as a company goes public and push down the stock price. Trump could try to obtain a waiver from that rule, but even then he wouldn’t be able to sell more than a small fraction of his stake at any given time — up to 1 percent of the outstanding shares every quarter.

PREV NEXT
Sections:  politics   
BING NEWS:
  • Newsmax Lost $42 Million Last Year. Can an IPO Save The Network From Death By Dominion?
    As Newsmax hurtles towards two major defamation trials over its coverage of the last presidential election, the conservative cable news network is pinning its hopes of survival on an audacious plan to ...
    06/17/2024 - 9:51 am | View Link
  • Fact Check: No evidence Trump said he will require mandatory military service
    People in former President Donald Trump’s orbit talked to the Washington Post about the possibility of mandatory military service in the U.S., but Trump has not publicly discussed requiring it for all ...
    06/17/2024 - 6:57 am | View Link
  • Making sense of the post-Trump conviction polls
    A recent poll from Reuters/Ipsos shows that 25 percent of independents were less likely to support Trump after his felony conviction while 18 percent told pollsters they are more likely to support him ...
    06/13/2024 - 9:33 pm | View Link
  • Trump fundraising off of conviction after sinking millions of dollars in donor funds for legal costs
    The bulk of those payments were made by Save America, Trump’s leadership PAC ... “The timing isn’t a coincidence,” he emphasized in a post on X, the social media platform formerly known as Twitter.
    06/13/2024 - 2:54 am | View Link
  • Trump’s Messages to Followers Take a Disturbing Turn
    After Hunter Biden was found guilty of federal gun charges Tuesday, the Trump campaign released a statement that ended with well wishes for President Biden’s son—and then quickly took it back. The ...
    06/12/2024 - 3:20 am | View Link
  • More
PREV NEXT

 

PREV NEXT
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

Movies With Butter More Movie News

More Politics News

  • A New Biden Ad Is Highlighting Trump’s Criminal Conviction
    Mother Jones, Monday - 06/17/2024 - 04:35 PM

    In a new advertisement, President Joe Biden is highlighting the fact that his GOP opponent for the presidency is now a convicted felon—a first in American history. The ad begins with somber, black-and-white pictures of former President Donald Trump in court flashing across the screen. “In the courtroom, we see Donald Trump for who he is,” a narrator explains.

    More | Talk | Read It Later | Share
  • Trump Is Harnessing Voter Anxiety About Electric Vehicles
    Time, Monday - 06/17/2024 - 12:49 PM

    This article is part of The D. C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox. The actual roadmap for 2024 might have moved when you were not looking. Maybe—and it’s a big maybe, admittedly—the biggest detour in politics right now is parked in the driveway. [time-brightcove not-tgx=”true”] In ways subtle and overt, the electric vehicle has become the avatar for clean energy in the minds of voters, which may prove to be a political clunker for Democrats, despite having the stronger story to tell.

    More | Talk | Read It Later | Share
  • Biden Campaign Calls Trump ‘Convicted Criminal’ in $50 Million Ad Blitz
    Time, Monday - 06/17/2024 - 12:45 PM

    President Joe Biden’s re-election campaign is hoping to leverage Donald Trump’s recent criminal conviction in a bid to sway voters, debuting a new television advertisement on Monday that calls the presumptive Republican presidential nominee “a convicted criminal who’s only out for himself.” [time-brightcove not-tgx=”true”] The ad, part of a $50 million investment that will air in battleground states in June, marks the Biden campaign’s first attempt using Trump’s legal woes in its advertising campaigns since the former President was convicted of falsifying business records to cover up an affair in his New York criminal trial last month.

    More | Talk | Read It Later | Share
  • Fox News Host: MSNBC Praising Biden Is Bad For Him
    Crooks and Liars, Monday - 06/17/2024 - 12:18 PM

    Fox News host Harris Faulkner made a bizarre analogy favoring diminished Donald. She's upset that MSNBC contributors have praised President Biden and are unfriendly to Trump. Do you understand the Fox News/Harris Faulkner "logic"? Faulkner played a video mashup. MSNBC: This was a great week for the president. He's having these back-to-back weeks both the national stage and domestically. The president is playing chess, and the former president, at best, is playing like Hungry Hungry Hippo. Well, if that, maybe Uno.

    More | Talk | Read It Later | Share
  • Three signs that Biden’s campaign is broken at its core, incoherent, and fraudulent
    American Thinker, Monday - 06/17/2024 - 12:00 AM

    The facts on the ground show that, no matter how the political establishment and media shill for Biden, there’s no there there.

    More | Talk | Read It Later | Share
  • 25-year-old Muslim man with 10-year-old fiancée talks benefits of marrying a child
    American Thinker, Monday - 06/17/2024 - 12:00 AM

    This is the disturbing culture, and legal system, that’s coming to the West if we don’t put a stop to it.

    More | Talk | Read It Later | Share