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Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group Corp. made a major step in the proposed Truth Social merger that would inject the company with significant financing, a Monday announcement from both companies revealed. [cut] The merger would allow Truth Social to go public, issue stock, and access hundreds of millions of dollars in financing. Former President Donald Trump created Truth Social after Facebook and Twitter, now known as X, banned him from the social media platforms. Reuters reported in October that DWAC, the special purpose acquisition company designed to take Truth Social public, said this week...

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

Shares 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 user-generated content. “Apps may be distributed on Google Play provided they comply with our developer guidelines, including the requirement to effectively moderate user-generated content and remove objectionable posts such as those that incite violence,” a Google spokesman said. Truth Social has agreed to...

Digital World Acquisition Corp. (DWAC), the bank-check company planning to merger with former President Donald Trump's nascent media company, said Monday that its directors have been subpoenaed by a Federal Grand Jury. DWAC, which is also being investigated by the U.S. Securities and Exchange Commission with respect to its plans to merge with the former President's Trump Media & Technology Group, said the subpoenas were related to the SEC probe and issued by a panel sitting in the Southern District of New York. Digital World said late last year that it is co-operating with the investigation, which also included the...

Summary * Trump Media & Technology Group's paid subscription offer, TMTG+, offers massive upside. * $1.0B PIPE deal shows strong demand for a rival social network. * If Trump Media & Technology Group gets the same valuation as Twitter or Meta Platforms, based on sales, Digital World Acquisition Corp.'s market cap could rise by a factor of 3X. Blank check company Digital World Acquisition Corp. (DWAC) is merging with Trump Media & Technology Group. The announcement initially created a frenzy for shares of Digital World Acquisition Corp. but shares have started to surge again. TRUTH Social could become a major...

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.

DWAC stock could be worth chance as the Trump SPAC is far from doneIn an age where polarization is king, Digital World Acquisition Corp. (NASDAQ:DWAC) stock makes a lot of sense. The special purpose acquisition company (SPAC) has agreed to merge with former President Donald Trump’s social media venture, Truth Social. Truth Social is extremely interesting in and of itself. Essentially, investors who believe in its cause should have plenty of reason to consider purchasing DWAC shares.

"Moving to Longboat Key is a win-win for Rumble and the Sarasota community," Rumble CEO Chris Pavlovski said in the press release. "Sarasota County is growing rapidly, and we are excited to be part of the growth. We plan to fill 20-25 new positions in Florida immediately for our U.S. headquarters, with many more planned for the future. This move positions us to continue providing a platform to content creators without the threats from big tech monopolies. We are excited to invest in Florida in the coming years while we continue to grow Rumble.”

The 45th President of the United States, Donald J. Trump, joined The Post Millennial's Ari Hoffman for an exclusive interview.

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...

Former President Trump announced on Thursday that a newly formed company, TMTG or Trump Media & Technology Group, would merge with Digital World Acquisition Corporation. Digital World is a SPAC or Special Purpose Acquisition Company that was formed in September and whose stock price had essentially been trading around $10 before the TMTG announcement. On Thursday the stock rose to $52 before closing at $45.50 and on Friday it hit a high of $175 and closed at $94.20. Digital World (symbol DWAC) raised $299 million on September 8 when it sold 29.9 million shares at $10 each. It appears from...

Phunware stock (NASDAQ:PHUN) was defying all conventions Friday as it rose 1,468% on speculation that the company is being tapped to build former U.S. President Donald Trump’s proposed social media platform. Trading in the stock was halted later. It jumped 1,000% after it resumed. The stock touched a high of $24.04 during the session. It had closed at $1.53 Thursday. More than 197 million shares of the company changed hands on Nasdaq in less than an hour of trading. The speculation has its roots in a USA Today article from May 2020 highlighting a partnership between Phunware and the Trump...

1. Twitter already exists. 2. The conservative social space is crowded (and not doing well) 3. Donald Trump isn't president anymore.

Social media users reacted on Tuesday to a report that Facebook plans to rename its parent company as early as next week. The company wants to move beyond social media into the metaverse, described as a virtual world achieved through virtual reality, a source told The Verge. "Dear Facebook: We've received your request to change your name," Axios reporter Ina Fried quipped on Twitter. "However, due to our real names policy, you will first need to fax us a copy of your court order and new driver's license...." "Change it to something obvious like ‘Open Book’ because it's stealing all...

President Donald J. Trump, the Chairman of TMTG, stated, “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, yet your favorite American President has been silenced. This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I’m excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn’t someone stand...

President Donald J. Trump, the Chairman of TMTG, stated, “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, yet your favorite American President has been silenced. This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I’m excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn’t someone...

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,...

Updated Oct 21, 2021, 04:05pm EDT TOPLINE The share price of a special purpose acquisition company (SPAC) that plans to merge with a media group connected to former President Donald Trump quintupled at times on Thursday, following an announcement late Wednesday night that Trump planned to launch a new social media company.

Digital World Acquisition Corp., the SPAC that is taking former President Donald Trump’s planned social media platform public, soared Friday following a massive rally in the previous session. Trading in the stock was halted due to volatility shortly after the opening bell Friday as shares surged for a second straight day. The SPAC, which trades under the ticker DWAC on the Nasdaq, skyrocketed nearly 190% before the trading halt. The stock surged more than 350% to close Thursday at $35.54 in explosive trading volume and volatility.

Digital World Acquisition Corp., the SPAC that is taking former President Trump's planned social media platform public, soared again on Friday following a massive rally in the previous session. The SPAC, which trades under the ticker DWAC on the Nasdaq, jumped more than 100% in premarket trading on Friday. The ticker was among the most popular mentions on Reddit's WallStreetBets, which indicated that DWAC could be having a meme stock moment like GameStop and AMC. The social media app will be developed by Trump Media and Technology Group (TMTG).© Provided by CNBC The social media app will be developed by...