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Truth Social Is Going Public, Giving Trump $3 Billion Windfall

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 Truth Social likely headed for the Nasdaq stock market

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…

Hubble Tension: NASA’s James Webb Telescope, Hubble Space Telescope to find out truth about Universe’s expansion rate

Scientists believe that our universe is expanding at a rapid rate, but there is a problem. A puzzle of sorts is there and it needs to be solved which is called the "Hubble Tension," it avers that the current rate of the expansion of the universe is faster than what astronomers expect it to be. Therefore, to understand the Universe's expansion rate, NASA's James Webb Telescope and Hubble Space Telescope have joined hands to find the inconsistency in measurements. The telescope's high-resolution data will help researchers…

How Truth Social Could Bail Trump Out of His Legal Bills

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…

‘La Hija del Rap’ Speaks the Truth About Life in the DR

There are few people on planet Earth who can rap as fast as J Noa — and even fewer who actually have something to say. On her 2023 debut EP, Autodidactica, the 18-year-old MC from the 5 de Abril barrio in San Cristóbal, Dominican Republic, showcased one of the most nimble flows in rap of any language, along with a penchant for strings-laden throwback beats and a modern perspective. Beyond merely precocious, her voice carries the weight of one who’s seen some things and lived to tell about them.  The frenetic,…

Seeing is Believing — Deepfakes and How They Warp Truth

Bridging Autoencoders and Media LiteracyContinue reading on Towards Data Science » Bridging Autoencoders and Media LiteracyContinue reading on Towards Data Science » FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us…

Another UFO Report Is a Bust. So Why Do So Many People Still Believe the Truth Is Out There?

Earlier this month, the Defense Department released a long-awaited report designed to address renewed public interest in unidentified flying objects. UFOs—or, UAP, as they’ve recently been rebranded—have been back in the news a lot lately, thanks largely to a few true believers who think the government has been hiding evidence of extraterrestrials.How Important Was it for Jason Reitman to be a Part of Ghostbusters: Frozen Empire?The most influential of those true believers is a former high-ranking intelligence official,…

Trump Rages on Truth Social After Failing to Secure Appeal Bond

If there’s one thing Donald Trump hates more than losing an election, it’s people thinking he isn’t as rich as he claims he is. On Monday, lawyers for the former president indicated he had been unable to secure the $464 million bond needed to appeal a massive New York civil fraud ruling against him and his company. The filing revealed that 30 underwriters declined to back the bond, which was worth 130 percent of the $355 million civil fraud judgment leveled against him and the Trump Organization in February.…

What’s behind California’s high gas prices? Consumers should know the truth

If you live in California you’ve probably run across ads blaming high gasoline prices on state laws and policies. They’re online, on television, in mailers, on highway billboards and even on gas pumps themselves. One of them asks in big, bold letters “why is our gas expensive” and directs you to a “facts per gallon” website that complains about government gas taxes and fees. It’s all part of a multimillion-dollar ad campaign by the oil industry to deflect attention from its greed and shift blame for the nation’s highest…

‘I tell the truth about what’s unknown’: Moor Mother on revealing Britain’s ongoing slavery links | Music

‘The aftermath of enslavement just doesn’t wash away with bleach. It doesn’t wash away with new buildings. It doesn’t wash away with so-called diversity and representation.” The voice of poet and musician Camae Ayewa, known as Moor Mother, commands your whole attention even over a video call. Within minutes of connecting with her, it’s clear that when she speaks, she does so not to impress or to serenade, but to tell the truth. “In the last I did in the Guardian I said we have yet to deal with the repercussions of…