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The share price of Trump Media plunged Monday after the social media app company closely tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & Technology Group shares were trading down by more than 25% around 1:08 p.m. ET.

The funding partner for Trump Media & Technology Group said it has received regulatory approval from securities regulators that will allow it to proceed with a long-delayed merger. The combination could provide former President Donald Trump with a stake worth almost $4 billion. Digital World Acquisition Corp. (DWAC), a so-called special-purpose acquisition company, said Thursday in a statement that the Securities and Exchange Commission had signed off on its proposed merger with Trump Media. DWAC said it plans to announce within two days a date for shareholders to vote on the deal. The SEC said it doesn't comment on individual...

All the naysayers just got pwned! Full steam ahead to merger between DWAC and TMTG

Last week the corrupt media’s penchant for spinning all things conservative caused a near-fatal case of whiplash. The left began by chastising conservatives for supposedly building “its own echo chamber,” but by the next day, when news broke that Devin Nunes was resigning from Congress to serve as the CEO of Donald Trump’s new media company, the complained-of conservative ecosystem merely represented grift. Both narratives are false, however, which is precisely why leftists peddled them so hard. Axios launched the “echo chamber” accusation with its article titled, “Right wing builds its own echo chamber.” “Conservatives are aggressively building their own...

PALM BEACH, Fla., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (‘TMTG’) today announced that Congressman Devin G. Nunes has been selected to join the Company as Chief Executive Officer. Mr. Nunes is currently a sitting U.S. House Representative, representing California’s 22nd congressional district, and formerly the Chair of the House Intelligence Committee. Mr. Nunes will be leaving the U.S. House of Representatives and will begin his new role as Chief Executive Officer of TMTG in January 2022.

Regulators are looking into the deal that would bring Donald Trump’s new social media company to the stock market, one that has attracted both legions of fans of the former president and people looking to make a quick profit. The company partnering with Trump Media & Technology Group acknowledged the inquiries in a filing it made with regulators on Monday. It also gave some financial forecasts for the company, which is hoping to rival Twitter and other platforms that banned Trump, along with Netflix and other streaming video services. It said over the weekend that it’s lined up $1 billion...

Donald Trump has united some of his supporters and detractors in buying shares in his new company and hoping to score a big win. Anthony Nguyen, a 49-year-old software consultant from Austin, Texas, is a Republican who refused to vote for the former U.S. president in last year's election. Last week he joined the millions of online day traders who drove up the value of the company that will house Trump's new social media venture to almost $12 billion. The company's app has yet to be rolled out even on a trial basis, and Nguyen said he invested because he...

President Donald J. Trump has revealed dominating plans to compete with the radical left media with the formation of Trump Media & Technology Group. Trump Media & Technology Group, which is chaired by President Trump, has merged with Digital World Acquisition Corp. to become a publicly listed company with a potential valuation of up to $1.7 billion, a Wednesday press release from TMTG states. The media company intends to “create a rival to the liberal media consortium and fight back against the ‘Big Tech’ companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America,”...

Former President Donald Trump said he will launch his own social media network called TRUTH Social in early 2022. The new Trump Media & Technology Group said it will create a rival social network to the current 'liberal media consortium' and 'fight back against the 'Big Tech' companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.' Trump, who will serve as TMTG's chairman, said, 'I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech. We live in a world where the Taliban has a huge presence on Twitter,...

Trump attacks tech giants for being controlled by ''radical left'' Washington, May 16 (IANS) US President Donald Trump on Saturday once again attacked tech giants like Google, Facebook and Twitter for being controlled by ''radical left, adding that the US administration is working to address the alleged political bias against the conservatives on social media platforms. Trump said in the tweet: "The Radical Left is in total command & control of Facebook, Instagram, Twitter and Google." "The Administration is working to remedy this illegal situation. Stay tuned, and send names & events," he added. Trump has regularly slammed tech giants...

Bill Maher went off on the media Friday night during his show “Real Time” on HBO, saying that they need to cut back on their “panic porn” reporting on the coronavirus or else they will end up helping President Donald Trump get re-elected. “And finally, new rule, now that we’re starting to see some hope in all this, don’t hope shame me, you know the problem with non-stop gloom and doom is it gives Trump the chance to play the optimist and optimists tend to win American elections,” Maher began. “FDR said the only thing we have to fear is...

CNN’s coverage of Monday’s White House coronavirus press briefing put a harsh spotlight on the network's line-blurring between journalism and agenda-driven opinion, media experts tell Fox News, and even has some wondering if the liberal network has abandoned objective coverage of the president altogether. CNN cut away from Trump’s task force briefing on Monday when the White House aired a brief video designed to combat recent reports that the response to coronavirus didn’t happen quickly enough. CNN host John King quickly called it “propaganda,” which became the phrase du jour for the network during a series of events that one...

On Monday morning I had a delivery to my apartment from the nearby off-licence - or liquor store, as they say over here. And I put a jokey picture on Twitter of a bottle of gin and eight bottles of tonic, with the caption that at least I had the next week sorted. After leaving the White House Briefing Room on Monday evening following a marathon two-hour 24-minute press conference, I felt I could have knocked off the whole lot in one sitting. This has been the most dizzying, jaw-dropping, eyeball-popping, head-spinning news conference I have ever attended. And I...

Video of Trump Speaking at link Not going to fire Fauci. Likes Fauci. Has been on same page with Fauci since the beginning. Defends forecasts. Talks about millions would have died if they had done nothing and let it spread. Defends not shutting down the economy sooner. Promises list of activities done in February in response to press claiming the time was wasted.

"We are writing to inform you that the WHCA Board has voted this evening to remove a news outlet from the rotation for a seat in the briefing room. We did this because a report for this outlet twice attended press briefings in contravention of this policy. ... We do not take this action lightly. This is a matter of public safety."

In his bitter, five-year battle with the media, I’m not sure President Trump has ever leveled a more serious charge than he is making right now. He’s turned “fake news” into an indelible slogan. He has called such news “the enemy of the people.” He has suggested that some journalists are traitors. And look, all kinds of media people have said all kinds of terrible things about the president, so there is deep hostility on both sides. But I was still taken aback, in the midst of this virus crisis, when Trump tweeted this the other day:

Many in the media enthusiastically relish the claim that the United States has more people infected with the coronavirus than China does, even though China's numbers are unreliable. When Donald Trump tweeted this week that the United States had performed more coronavirus tests than any other country, the media were upset. Trump being Trump, he’d also said the United States had done more tests in eight days than South Korea had done in eight weeks. PolitiFact calculated the United States had done 17,582 fewer tests than South Korea during that time period. LiveScience said the United States had done 43,790...

There have been a few consistent points that many of those who post at American Thinker have been making. The main point is that the media are deliberately fomenting panic. They do this partly because that’s the nature of media (“if it bleeds it leads”) and partly because most members of America’s media are Trump haters. They would willingly send America into an economic nosedive if it meant routing Trump from the White House. Still, another thing we’ve been highlighting here is that media members are innumerates. They glom onto whatever large, scary, Trump-injuring numbers come their way, and...

National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said Tuesday that he wishes the media would "stop pitting" his advisements about the coronavirus against those of President Trump, encouraging people to "look ahead at the challenge we have together." During an interview with Fauci — a leader on the White House Coronavirus Task Force — the host of the Morning on The Mall Podcast, Vince Coglianese, asked if the doctor thinks the media is attempting to emphasize differences of opinions between himself and President Trump. "That is really unfortunate — I would wish that would stop because...

Dr. Anthony Fauci, one of the Trump Administration's point players on the Coronavirus Task Force, is sick and tired of media jackals trying to pit him against the president and create division, discord, and distrust within the president's team and the American people. Fauci appeared on "Mornings on the Mall" on WMAL radio in Washington, D.C., Tuesday morning and he spoke passionately about how the media has mischaracterized his relationship with the president and has tried to drive a wedge between them. "It seems like increasingly a bunch of the questions from the media are designed to create a rift...