Saturday, March 23, 2024

Investors greenlight Trump's $5.7 billion social media deal

The deal values Trump's majority stake in the company that holds his app Truth Social at about $3.3 billion. The windfall could prove vital as Trump grapples with the financial fallout of a string of legal cases against him, including a $454 million judgment in a civil fraud case in New York.

from Tech-Economic Times https://ift.tt/kDQ3FoP

No comments:

Post a Comment

Google's Jeff Dean launches AI startup Discovery Loop

Announcing the venture on X, Dean wrote, "We are founding Discovery Loop... a Public Benefit Corporation whose mission is to automate m...