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☆ Trump Media deal partner DWAC adjourns shareholder meeting for sixth time as it seeks votes to delay merger
  + stars: | 2022-11-03 | by ( Jack Stebbins | ) www.cnbc.com   time to read: +2 min
The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. Digital World Acquisition Corp ., the shell company set to take Trump Media and Technology Group and its Truth Social platform public, adjourned a shareholder vote on the planned merger for a sixth time Thursday as its Dec. 8 liquidation date nears. DWAC needs 65% of its shareholders to approve an extension of the Trump Media merger to September 2023, a year beyond its original deadline. At least $138 million of the $1 billion that would go to Trump Media has been pulled by these investors. The former president, however, has indicated he will be staying exclusively on Truth Social.
☆ Elon Musk and Donald Trump now own rival social networks. Here's a timeline of their rocky relationship.
  + stars: | 2022-10-31 | by ( Tim Levin | ) www.businessinsider.com   time to read: +8 min
Former President Donald Trump said he's "very happy" that Elon Musk now owns Twitter. January 2020: 'One of our great geniuses'Former President Donald Trump speaks during a "Save America" rally in Anchorage, Alaska, on July 9, 2022. May 2020: Trump backs up Musk in feud with California covid rulesElon Musk meets Donald Trump at NASA's Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020. May 2022: Musk said he would reinstate Trump's Twitter accountTesla CEO Elon Musk. July 2022: Trump lashes outFormer President Donald Trump gives the keynote address at the Faith and Freedom Coalition during their annual conference on June 17, 2022, in Nashville, Tennessee.
☆ Right-wing pundits and Russian state media were duped by a fake Trump press release hailing his imminent return to Twitter
  + stars: | 2022-10-28 | by ( Stephanie Stacey | ) www.businessinsider.com   time to read: +3 min
A fake press release announcing Trump's return to Twitter began circulating online Thursday night. The fake statement also duped Russian state media and a left-leaning MSNBC show. The fake statement appeared shortly after Elon Musk sealed his $44 billion deal to buy Twitter. TASS, the Russian state-controlled news agency, reported the claim in the fake statement that Trump's blocked Twitter account would be unlocked Monday. Robby Starbuck, another right-wing commentator, said he'd been duped after a news site posted the fake statement.
☆ Trump says he's happy Twitter in 'sane hands'
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: 1 min
WASHINGTON, Oct 28 (Reuters) - Former U.S. President Donald Trump on Friday said he was happy Twitter Inc (TWTR.N) was in "sane hands" after Elon Musk formally took over, but did not say whether he would return to his account on the platform that banned him. Trump said he thought his own Truth Social media platform "looks and works better." "I LOVE TRUTH," Trump wrote in a post on his platform. Trump was banned from Twitter after the deadly Jan. 6, 2021, attack on the U.S. Capitol. Musk has said he would reinstate Trump's account, but Trump previously said he would not return.
☆ Truth Social merger partner's shares slip after Trump weighs in on Elon Musk Twitter deal
  + stars: | 2022-10-28 | by ( Jack Stebbins | ) www.cnbc.com   time to read: +3 min
Shares of Digital World Acquisition Corp. , the blank check company set to take Trump Media and Technology Group and its Truth Social platform public, slipped Friday as Elon Musk took the reins at Twitter. The former president had around 88 million followers on Twitter, but he's amassed only 4.37 million on Truth Social. Barring legal intervention, Trump Media currently has until December to complete the merger with DWAC and go public. Trump posted on Truth Social Friday praising Musk's acquisition, but also touting his own platform. "TRUTH SOCIAL has become somewhat a phenomena.
☆ Republican gains in key states signal bad news for Democrats ahead of midterms, new polls show
  + stars: | 2022-10-24 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +4 min
Republican candidates appear to be making gains in the final sprint to the November midterms, with new election forecasts in key swing states and partisan strongholds flashing warning signs for Democrats. Republican Senate hopeful J.D. Even in reliably blue states, Democrats' slim congressional majorities are under threat. The pollster surveyed 649 likely Texas voters between Oct. 16 and Oct. 19, and carries a plus or minus 5.1 percentage point margin of error. Accordingly, Democrats' chances of holding the Senate now look much tighter, according to FiveThirtyEight's tracker.
☆ What Elon Musk has said publicly — and in private texts — about X, his idea for an 'everything app'
  + stars: | 2022-10-15 | by ( Grace Kay | ) www.businessinsider.com   time to read: +7 min
Elon Musk has discussed his plans for X, an "everything app," in Twitter and in private texts. AP Photo/Jacquelyn MartinPrivate texts about a blockchain-based platformMusk has also discussed creating a social media platform built on a blockchain. In April, the billionaire privately outlined his idea for a "Doge" social media platform in texts to his younger brother, Kimbal Musk. "I have an idea for a blockchain social media system that does both payments and short text messages/links like Twitter," Musk texted. A battle against botsOne thing is clear throughout Musk's dealings with Twitter — the billionaire's social media platform will be tasked with eliminating scam accounts.
☆ Digital World Acquisition Corp shares jump after Google Play Store approves Trump's Truth Social
  + stars: | 2022-10-13 | by ( Jack Stebbins | ) www.cnbc.com   time to read: +3 min
Shares of Digital World Acquisition Corp ., the shell company set to take Trump Media and Technology Group public, surged after former President Donald Trump's Truth Social social media platform was allowed on the Google Play Store Wednesday. Android users could previously access the platform through their web browser or through "side-loading" the application through the Truth Social website. Truth Social agreed to enforce content moderation and to remove and block users who publish posts that incite violence, according to Google. The former president had over 80 million followers on Twitter, but he has only around 4 million on Truth Social. Investors have cited these anemic numbers among their reasons for pulling funding from the DWAC-Trump Media merger.
☆ Factbox: Order of service for Queen Elizabeth's state funeral
  + stars: | 2022-09-18 | by ( ) www.reuters.com   time to read: +3 min
LONDON, Sept 19 (Reuters) - The state funeral for Queen Elizabeth will be held at London's Westminster Abbey on Monday when world leaders will join King Charles and the British royal family to bid farewell to Britain's longest-reigning monarch. Following are some of the details of the order of service for the funeral:- The state funeral will take place in Westminster Abbey, central London, at 11 a.m. (1000 GMT). - At the start of the service, as the queen's coffin is carried into the abbey, the Sentences will be sung by the choir of Westminster Abbey. The five Sentences - lines of scripture set to music - have been used at every state funeral since the early 18th century. - Afterwards, the bells of Westminster Abbey will be rung, fully muffled, which is the tradition following the funeral of the sovereign.
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