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Trump's social media company to go public - potentially netting him $3bn

Sky News Friday, 22 March 2024
Donald Trump's social media company, Truth Social, is set to go public - potentially netting the former US president $3bn.
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News video: Reddit Prices Shares at $34 in IPO

Reddit Prices Shares at $34 in IPO 01:30

Reddit Prices Shares , at $34 in IPO. Reddit will go public on March 21 and has priced its IPO at $34 a share, Yahoo Finance reports. That is about a $6.4 billion valuation. A social media company hasn't gone public since Pinterest in 2019. Reddit gained increased recognition amid the meme...

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Donald Trump Says States , Should Decide Abortion Legislation. On April 8, the former president set the record straight about where he stands on abortion rights, CNN reports. . My view is now that we have abortion where everyone wanted it from a legal standpoint, the states will determine by vote or legislation, or perhaps both. , Donald Trump, via Truth Social video. And whatever they decide must be the law of the land. In this case, the law of the state, Donald Trump, via Truth Social video. Many states will be different. Many will have a different number of weeks, or some will have more conservative than others, and that’s what they will be. , Donald Trump, via Truth Social video. At the end of the day, this is all about the will of the people, Donald Trump, via Truth Social video. Trump also said he was "proudly the person responsible" for Roe v. Wade being overturned in 2022. He went on to say that the decision removed the issue from "federal hands and brought it into the hearts, minds and vote of the people in each state.". Susan B. Anthony Pro-Life America President Marjorie Dannenfelser said that her organization was "deeply disappointed" by what Trump had to say, CNN reports. . Saying the issue is ‘back to the states’ cedes the national debate to the Democrats who are working relentlessly to enact legislation mandating abortion throughout all nine months of pregnancy. , Marjorie Dannenfelser, Susan B. Anthony Pro-Life America president, via statement. If successful, they will wipe out states’ rights. , Marjorie Dannenfelser, Susan B. Anthony Pro-Life America president, via statement

Credit: Wibbitz Top Stories    Duration: 01:31Published
Donald Trump slammed for sharing video with image of Joe Biden Tied up | Oneindia [Video]

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Former US President Donald Trump faced criticism after sharing a video on his social media platform, Truth Social, depicting the current president and his opponent in the upcoming election, Joe Biden, Tied up in the back of a pickup truck. Trump claimed that the video was captured on Friday (Mar 28), following his attendance at the funeral of New York Police Department (NYPD) officer Jonathan Diller, who tragically lost his life in a traffic stop shooting. #DonaldTrump #JoeBiden #VideoControversy #TruthSocial #PoliticalCriticism #SocialMediaOutrage #PresidentialPolitics #Election2024 #ImageControversy #BidenTiedUp ~HT.178~PR.152~ED.103~GR.121~

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Truth Social Soars Nearly 50% , in First Day on Nasdaq. The former president's social media company began trading on the Nasdaq on March 26, AP reports. . Digital World Acquisition Corp. acquired Trump Media & Technology Group Corp., which runs Truth Social, on March 25. Trump Media has taken the place of Digital World on the Nasdaq. . On March 25, Trump said, "Truth Social is doing very well. It's hot as a pistol and doing great.". Trump Media's market value was roughly $6.8 billion prior to trading, AP reports. . Shares were up 47% at $73.50 just before 10 a.m. ET. Truth Social's ticker symbol is "DJT.". Trump launched Truth Social in 2022 after being banned from Twitter and Facebook. . The social media platform had approximately 5 million users in February, according to research firm Similarweb. Investors could be in for a bumpy ride, AP reports. In a regulatory filing, Trump Media said that it “is highly dependent on the popularity and presence of President Trump.”. If Trump were to distance himself from the company, perhaps for reasons such as campaigning for presidency, Trump Media “would be significantly disadvantaged,” the filing states. . Similarly “an adverse outcome in one or more” of the cases in which the former president is embroiled could harm the success of Trump Media and Truth Social.

Credit: Wibbitz Top Stories    Duration: 01:31Published
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Former President Donald Trump pledges to prioritize the release of Capitol rioters if reelected, branding them "hostages." The pledge, made on his Truth Social platform, emphasizes his ongoing influence in American politics. Trump faces legal challenges, including federal and Georgia indictments, yet remains a dominant force in the Republican Party. His bold promises signal his intent in the evolving political landscape. #FormerPresident #DonaldTrump #Trump #TruthSocial #CapitolRiot #Trump2024 #BidenvsTrump #USelections #electionnews #Worldnews #Oneindia #Oneindianews ~PR.152~ED.103~GR.123~HT.96~

Credit: Oneindia    Duration: 02:32Published

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