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Republican senators on Friday asked TikTok Chief Executive Shou Zi Chew about reports the social media site had allowed Russian state-approved media content but barred other videos.
Former U.S. President Donald Trump's new social media venture disclosed in a regulatory filing on Monday it may raise up to $50 million through convertible notes before it merges with a blank-check acquisition firm. Truth Media & Technology Group (TMTG) is set to receive $1.25 billion in funding once it merges with Digital World Acquisition Corp. But the deal, which was inked in October, has been under investigation by the U.S. Securities and Exchange Commission (SEC). The funds are inaccessible to Trump's company until the SEC gives the green light and the transaction closes.
By Echo Wang (Reuters) - Former U.S. President Donald Trump's new social media venture disclosed in a regulatory filing on Monday it may raise up to $...
Former U.S. President Donald Trump's new social media venture disclosed in a regulatory filing on Monday it may raise up to $50 million through convertible notes before it merges with a blank-check acquisition firm. Truth Media & Technology Group (TMTG) is set to receive $1.25 billion in funding once it merges with Digital World Acquisition Corp. But the deal, which was inked in October, has been under investigation by the U.S. Securities and Exchange Commission (SEC). The funds are inaccessible to Trump's company until the SEC gives the green light and the transaction closes.
Grindr said its existing shareholders would own 78% of the company after the merger, which comes two years after China's Kunlun Tech Co divested it for $620 million...