dwac
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So Far, Trump’s Truth Social Has Set $US73 Million on Fire
Less than two years after it launched, Donald Trump’s social media site, Truth Social, might be headed for the internet graveyard. New federal filings show that Truth, like a lot of Trump businesses, has lost massive amounts of money ($US73 million, in this case) and is drifting, inevitably, toward insolvency. The site’s business partners seem…
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Trump’s Truth Social Deal Is Reportedly Falling Apart
A merger that would’ve made Donald Trump’s social media venture into a publicly traded company, and provided Truth Social with $US1.3 ($2) billion in cash investment is crumbling, according to a report from Reuters. Shareholders have rejected a one-year extension to finalise the acquisition, “people familiar with the matter” told the outlet.
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SEC Expands Its Investigation Into Trump’s Shady Social Network Deal
Federal regulators are threatening to quash Donald Trump’s dreams of becoming the next Jeff Bezos before they have a chance to take off.
