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The former president will, however, have to wait six months before cashing in his shares Truth Social is going public. In a Friday vote, the social media company’s blank-check funding partner — Digital World Acquisition Corp. — approved a merger with Trump Media & Technology Group. The merger will be a lifeline to Truth Social, which incurred tens of millions in losses in 2023, and provide a massive windfall to its owner, former President Donald Trump. Given the current stock market value…

Donald Trump’s return to the stock market could be right around the corner.All eyes are on a vote scheduled for Friday by shareholders of Digital World Acquisition Corp., a publicly traded shell company that is looking to merge with the former president’s media business. The deal’s approval would open the door for Trump Media & Technology Group, whose flagship product is the social networking site Truth Social, to soon begin trading on the Nasdaq stock market in Digital World’s place.If the merger is greenlit, which…

Zomato has renamed its ‘pure veg’ mode to ‘veg only’ and dropped the plan to have a separate colour-coded fleet for exclusively delivering vegetarian food, following an online backlash citing concerns around community and caste-based discrimination.Several users took to social media to criticise Zomato's decision to use the term ‘pure veg’ and have delivery personnel dress up in green instead of the regular red uniforms to ferry vegetarian food.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Social media platform Reddit's market debut on Thursday ended a more than two year-long wait but shifts the focus to how it will compare with the other publicly listed peers.Despite its cult-like status, the company has failed to replicate the success of Meta Platforms' Facebook and Elon Musk's X. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

The parent company of Donald Trump’s social media company, Truth Social, could soon become a multi-billion dollar public company, depending on a vote scheduled for Friday. Trump could stand to gain over $3 billion if the proposed merger goes through, which could be his ticket out of some hefty legal bills.The shareholders of Digital World Acquisition (DWAC), a special-purpose acquisition company formed to facilitate a private company going public, will vote on Friday on whether to approve the merger with Trump Media and…

Wired: As “censorship free” social network Parler returns to the iOS App Store, CEO Ryan Rhodes talks new features, moderation, and building “a true open platform” — The “free speech” social media alternative is back on Apple's App Store ahead of its official relaunch. Wired: As “censorship free” social network Parler returns to the iOS App Store, CEO Ryan Rhodes talks new features, moderation, and building “a true open platform” …

Credit: Pixabay/CC0 Public Domain Social media could prove to be as much a barrier to post-conflict reconciliation as it is a way of helping communities move forward, new research has claimed. A study has found that there are clear differences between how people discuss the legacy of war in face-to-face situations compared to those interactions on…

Justice Paula Feroleto of the Erie County Supreme Court ruled on Monday that the more than 40 plaintiffs could try to prove that Meta Platforms’ Facebook and Instagram, Reddit, Google’s YouTube and other platforms were designed to addict and radicalize users like the shooter, Payton Gendron.The plaintiffs included relatives or representatives of people who died in Gendron’s racially motivated mass shooting at Tops Friendly Markets on May 14, 2022, as well as store employees and customers who witnessed it. Gendron was 18…

Djo, the musician and Stranger Things actor better known as Joe Keery, is a student of the classics. So the opportunity to tour a famed west London studio – arguably the most famous in the world, although the name can’t be printed here as they technically don’t allow tours – is equal parts awe-inspiring and terrifying. As we wander around the cavernous studios and cosy control rooms on a chilly March morning, Keery, wearing a black woollen coat with a houndstooth beanie pulled low over his forehead, is mostly quiet and…

Black youths’ outcomes improve when they are taught by Black teachers or can study their history. Credit: Allison Shelley/EDUimages, CC BY Black youth in Canada experience poorer educational achievement than other children and youth, which leads to subsequent poor economic outcomes. A series of problems and barriers contribute to poor educational…