Digital World Acquisition Corp

Though Apple has allowed Truth Social on its App Store for months, Google only approved the app available for Android devices on Wednesday.Photo: mundissima (Shutterstock)What kinds of promises does it take for Truth Social, a platform renowned for spreading misinformation and falsehoods by its most prolific and influential users, to get approved on Google Play Store? Apparently, all it takes is a vague promise to actually adhere to its existing terms of service.Late on Wednesday Trump Media & Technology Group, the…

Check out the companies making headlines before the bell:Delta Air Lines (DAL) – The airline's stock rose 3.9% in the premarket on the strength of an upbeat current-quarter forecast as travel demand continues to rebound. For its most recent quarter, Delta earned an adjusted $1.51 per share, a number that was 2 cents below consensus but included a 3-cent impact from the effects of Hurricane Ian.Walgreens (WBA) – Walgreens rallied 6.8% in the premarket after the drugstore operator reported better-than-expected quarterly…

Donald Trump's social media app "Truth Social" in Apple's App Store on an iPhone.Christoph Dernbach | Picture Alliance | Getty ImagesShares of Digital World Acquisition Corp., the shell company set to take Trump Media and Technology Group public, surged after former President Donald Trump's Truth Social social media platform was allowed on the Google Play Store Wednesday.Shares of DWAC closed up more than 14% at $18.30 Thursday. Nasdaq paused trading of DWAC for about five minutes Thursday morning during the jump. The…

Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022.Hannah McKay | ReutersCheck out the companies making headlines in midday trading.Digital World Acquisition — The company planning to take Donald Trump's media company Truth Social public surged 14.6%, continuing its ascent on an announcement Wednesday that Google would allow the media company into its app store. The company was previously banned.Relmada Therapeutics — Shares of the biotech company plummeted 79.6% following an announcement…

The social media app will be developed by Trump Media and Technology Group (TMTG).Rafael Henrique | LightRocket | Getty ImagesCheck out the companies making headlines in after-hours trading.Digital World — The company aiming to take public Truth Social, Donald Trump's media company, surged 8.7% on news of Google approving the media company's app for the Play Store. It marks a reversal as the app was previously blocked.Victoria's Secret — Shares of the women's clothing retailer climbed 3.1% after it said earnings in its…

The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022.Dado Ruvic | ReutersShares of Digital World Acquisition Corp., the company aiming to take former President Donald Trump's media company public, jumped during after-hours trading after Google added the Truth Social app to its Play Store.The platform had previously been barred from the Play Store for content moderation concerns. Google said the app violated its policies for moderating…

The former US President announced his intention to create a new social media platform after he was banned from Facebook and Twitter last year.Leon Neal | Getty ImagesShareholders of Digital World Acquisition Corp., the blank-check company set to take Trump Media and Technology Group public, are due to vote Monday on a proposal to extend the merger deadline and buy the company time to find financing.With $1 billion in financing already at risk, DWAC needs 65% of its shareholders to approve the extension for the merger with…

Jakub Porzycki | Nurphoto | Getty ImagesAmong the big winners in Elon Musk's agreement to follow through with his deal to buy Twitter is an activist hedge fund based in a coastal Florida city that was just wrecked by Hurricane Ian.Pentwater Capital, a 15-year-old firm with close to $5 billion in assets, bought a 2.4% stake in Twitter during the second quarter. The purchase of 18.1 million shares cost Pentwater roughly $725 million.At $54.20, the price Musk has agreed to pay for Twitter, Pentwater's stake would be worth…

Shares of Digital World Acquisition Corp., the special-purpose acquisition company seeking to take Trump Media and Technology Group public, slid Tuesday after Elon Musk reversed course and proposed going through with his deal to buy Twitter.Shares of DWAC fell more than 5% Tuesday to $17.10. The stock's 2022 peak was about $97 in March.Trump Media and Technology Group owns Truth Social, the platform founded by former President Donald Trump after he was banned from Twitter following the Jan. 6, 2021 Capitol…

Homepage and app announcement of "Truth Social."Christoph Dernbach | picture alliance | Getty ImagesPatrick Orlando, the CEO of the shell company set to take Trump Media and Technology Group public, on Friday urged Donald Trump and Trump Media CEO Devin Nunes to promote an upcoming vote to extend the merger deadline for the two companies."@realDonaldTrump @DevinNunes let's get the vote awareness up," the Digital World Acquisition Corp. chief wrote in a Truth Social post that attached information about the shareholder…