DIRS.INFO The most relevant business & tech news

☆ Trump Media shares erase 2024 gains as key DJT sale date nears
▼ + stars: | 2024-09-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Trump Media ended the trading day at $16.98 per share, a 6% decline on the day. Trump Media shares on Wednesday closed below where they stood at the end of 2023, as the Truth Social maker's stock continued to slide ahead of the date when majority owner Donald Trump can begin selling his stake . The stock price has ricocheted since then, as traders and analysts increasingly viewed Trump Media as a meme stock and as its value rose and fell with the political fortunes of the Republican presidential nominee. A Trump Media spokesperson told CNBC in a statement, "Trump Media is rapidly building out our platform while maintaining a strong balance sheet." That upcoming deadline has stoked speculation about whether Trump will try to cash out his shares or hold on to his stake.

Persons: Donald Trump, Trump Organizations: Nasdaq, Trump, Trump Media, Republican, CNBC, Truth Social, Forbes

☆ Trump Media stock slides under $18, a new low since it began publicly trading
▼ + stars: | 2024-09-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

DJT shares dropped to $17.89 per share around midday Tuesday, The stock's prior low was set on Aug. 28, when it hit $19.38 per share. The stock price was down roughly 77% from its high of $79.38 per share on March 26, following Trump Media's merger with a publicly traded special purpose acquisition company. DJT closed at $18.08 per share, down over 7% for the Wednesday trading day. Trump Media's single-day slide accompanied a broader market dip on Tuesday, especially for tech companies. Stock Chart Icon Stock chart icon DJT stock vs. Nasdaq stock exchange over six months.

Persons: Jakub Porzycki, Donald Trump, DJT, Trump Organizations: Nurphoto, Trump Media, Social, Trump, Nasdaq, Dow Jones

☆ Trump can soon tap his $2 billion Truth Social fortune. But it won’t be easy
▼ + stars: | 2024-08-29 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —For months, former President Donald Trump has been sitting on a social media fortune that he couldn’t touch. As recently as May 9, Trump’s dominant stake of 114.75 million shares of Trump Media was valued at $6.2 billion. Despite the recent selloff, Trump Media is still valued at nearly $4 billion. Once the lock-up period expires, Trump will no longer be prohibited from borrowing against his stake in Trump Media. Experts say that if Trump does borrow against his Truth Social stake, he may not be required to disclose it.

Persons: Donald Trump, Trump, ” Michael Ohlrogge, Kamala Harris, ”, Charles Whitehead, Elon Musk, Mark Zuckerberg, Phillip Juhan, Scott Glabe, Andrew Northwall, Vladimir Novachki, Devin Nunes, Jay Ritter, ” ‘, “ It’s, ” Ritter, “, can’t, ” Ohlrogge, Ohlrogge Organizations: New, New York CNN, Trump, Truth Social, Trump Media & Technology, Trump Media, New York University School of Law, CNN, Democratic, Cornell Law School, “, ”, Meta, Republican, SEC, Trump Media & Technology Group Corp, University of Florida’s Warrington College of Business, NYU Locations: New York

☆ Trump Media stock falls below $20 per share, a first since company went public
▼ + stars: | 2024-08-28 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Trump Media ended Wednesday's trading session down more than 4% at $20.10 per share. The monthslong Trump Media stock slide continued Wednesday, as shares of the company majority-owned by former President Donald Trump fell below $20 for the first time since the Truth Social maker went public more than five months ago. A Trump Media spokesperson did not immediately respond to CNBC's request for comment on the stock's latest dive. If he does sell — or if he even appears likely to — investors could lose confidence in Trump Media, a situation the company's own regulatory filings have acknowledged. But the company has noted that its fledgling social media platform, Truth Social, depends at least partly on Trump's enduring popularity and reputation.

Persons: monthslong, Donald Trump, Trump, Kamala Harris Organizations: Trump Media, Nasdaq, monthslong Trump Media, Republican, Trump, Forbes, Democratic Locations: Pennsylvania

☆ Trump's new indictment is 9 pages shorter — there's a good reason for that
▼ + stars: | 2024-08-28 | by ( Laura Italiano | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +6 min

The previous indictment, which clocked in at 45 pages, had included what the US Supreme Court says is the kind of official-act evidence that can no longer be used in prosecuting presidents. The replacement indictment — which uses the same font and spans 36 pages — removes references to Trump's presidential acts with surgical precision, said Michael Bachner, a former Manhattan prosecutor and frequent commentator on Trump's legal travails. But in the new indictment, it's Trump the 2020 presidential candidate, not Trump the former president, who is charged. AdvertisementIn refiling his indictment, Smith was smart to convene a new grand jury rather than re-submit the case to the original panel. Still, the new indictment doesn't guarantee that judges won't throw out the case before it ever reaches a jury.

Persons: —, Donald Trump's, Jack Smith, Michael Bachner, it's Trump, Trump, Smith, Candidate Trump, Jeffrey Clark, Bachner, Joe Biden, Trevor Morrison, Morrison, it's, Judge Chutkan, Jack, I'm, Hunt Organizations: Service, Business, Trump, Department, Bachner, Associates, DOJ, NYU, DC Circuit, Democracy Locations: Manhattan, Washington

☆ A reenergized Democratic campaign draws convention ratings win over Republicans
▼ + stars: | 2024-08-24 | by ( Hadas Gold | ) edition.cnn.com time to read: +5 min

Harris’ viewership victory amounted to a blow for Trump, who is famously obsessed with television ratings and the size of his crowds. The boost in viewership was also seen at ABC with 4.2 million viewers, and CNN with 3.9 million. Last month’s Republican convention in Milwaukee took place just days after the assassination attempt on Trump. As pressure mounted, Biden ended his campaign the weekend after the Republican convention. The singer had previously given the Harris campaign permission to use her 2016 hit “Freedom,” which played Thursday night as Harris took the stage.

Persons: Kamala Harris, Harris, Donald Trump’s, Trump, Harris ’, Bill Clinton, Barack Obama, Hillary Clinton, Michelle Obama, Stevie Wonder, John Legend, Kerry Washington, Mindy Kaling, Lil Jon, Last, Hulk Hogan, Kid Rock, Joe Biden, Biden, Beyoncé, Bey, ”, Taylor Swift Organizations: New, New York CNN, Democratic National Convention, Republican, Nielsen, Convention, Fox News, MSNBC, ABC, CNN, Fox, RNC, YouTube, SPAN, DNC, Trump, Democratic, CNN’s, TMZ, Hollywood Reporter, Beyoncé’s Locations: New York, Chicago, Milwaukee

Harris called for ending taxes on tips while rolling out a series of populist economic proposals last week, echoing a policy Trump already supported. The vice president pointed to Trump’s opposition to a bipartisan border security and immigration bill, which turned Republicans against the measure. Vice President Kamala Harris gestures as she steps from Air Force Two upon arriving at Joint Base Andrews, Maryland, on August 23, 2024. As the sitting vice president, Harris’s response to an economic calamity or foreign crisis would be closely scrutinized. The spokesperson also said there have been more than 1,000 sign-ups for Students for Harris chapters across the country since the launch of Harris’ campaign.

Persons: Kamala Harris, Donald Trump, Joe Biden, Harris, eyeing, Trump, Robert F, Kennedy Jr, who’s, ” Kennedy, Biden, showdowns, I’m, Hawaii Democratic Sen, Brian Schatz, “, ” Harris, ”, she’s, ‘ We’re, ’ She’s, Ohio Sen, JD Vance, Kamala, mispronounced Harris ’, Harris ’, fumed, he’s, ” Trump, La Capra, Julia Nikhinson, let’s, familiarizing, —, Kevin Lamarque, Tulsi Gabbard, Gabbard, Jen O’Malley Dillon, Austin Steele, Quentin Fulks, Tim Walz, Joshua Martin, Rebecca Wright, Pinar Yildirim, Deja Foxx, “ Young, Brian Kemp, Kemp, Vance, Trump’s, ” Vance, Sean Hannity, “ We’re, ” Kemp, “ Kamala Harris, Wisconsin . Ohio Sen, Marco Bello, Walz, ” CNN’s Ted Barrett, Kate Sullivan, Kristen Holmes, Ali Main, Aaron Pellish, Alejandra Jaramillo, Priscilla Alvarez Organizations: CNN, Democratic National Convention, Trump, Democratic, ABC, Hawaii Democratic, Republican, Biden, Social Security, Air Force, Joint Base Andrews, Reuters, Union, Hawaii Rep, United Center, MSNBC, United, Minnesota Gov, Convention, University of Pennsylvania, Facebook, Harris, Georgia Gov, Georgia Republican, Party, GOP, Fox News Locations: Arizona, Trump, Glendale, Hawaii, Chicago, Ohio, Georgia, Nevada, Las Vegas, Mexican, North Carolina , Nevada , Arizona, Wisconsin , Michigan, Pennsylvania, Joint Base Andrews , Maryland, California, Chicago , Illinois, Washington, Asheboro, United States, Wisconsin . Ohio, Kenosha, Kenosha , Wisconsin

☆ California fire destroys baseball stadium featured in 'A League of Their Own'
▼ + stars: | 2024-08-23 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A California baseball stadium featured in the Hollywood blockbuster “A League of Their Own” was destroyed by a fire late Thursday, officials said. The Jay Littleton Ballpark, in Ontario, California, went up in flames about 11:30 p.m. and is a “a total loss,” city spokesperson Dan Bell said. “If you look up and down the street, you have baseball lovers everywhere,” Ontario Eastern League president Aaron Matthiesen told NBC Los Angeles, adding that some were in tears. “This ballpark has been the heart of Ontario, the historic ballpark, the place to play for our kids. “I have two young kids in our league, and the dream has always been that they get to play at Jay Littleton,” he said.

Persons: Jay Littleton, Dan Bell, ” Bell, …, Tom Hanks, Geena Davis, Madonna, ”, John Cusack, Charlie Sheen, Ruth, Aaron Matthiesen, They’re Organizations: Hollywood, National Register of Historic Places, Little League, Ontario Orioles, Dodger, Ontario Eastern League, NBC Locations: California, Ontario , California, Ontario, NBC Los Angeles

Spokesperson Jillian Cowherd said the voter registration process is started at the DMV, but completed at the Virginia Elections Department. It’s also used to verify voter rolls. But user and data errors in the DHS system — such as confusing people who share the same name — have led to people being inaccurately flagged on voter rolls, Clapman said. She said Youngkin’s announcement of noncitizen voters “stokes election denial generally, undermining faith in election results. Last October, election officials under Youngkin removed nearly 3,400 legal Virginia voters from the rolls, after misclassifying probation violators as felons.

Persons: Glenn Youngkin, “, Donald Trump, Mike Johnson, noncitizens, Youngkin, Trump, ”, Alice Clapman, Brennan, Johnson, Griffin Neal, Christian Martinez, Jossie Flor Sapunar, Jillian Cowherd, It’s, Clapman, it’s, Tony Castrilli, Castrilli, Gretchen Reinemeyer, Reese Brogdon, don’t, Reinemeyer, she’s, ” Reinemeyer, Brennan Center’s Clapman, “ stokes, ” Clapman, Virginia, Trump’s, J.Christian Adams Organizations: Virginia Gov, NBC News, NBC, stoke, Brennan Center for Justice, Louisiana Republican, SAVE, CASA, Social, Virginia Elections Department, Elections Department, Social Security Administration, of Homeland Security, DHS, Fairfax County, Local, The League, United Latin, “ Locations: Virginia, Local Virginia, Louisiana, Fairfax County, Arlington County, Manassas, Richmond

☆ On Truth Social, Donald Trump Tries to Refashion Himself as Supportive of Abortion Rights
▼ + stars: | 2024-08-23 | by ( Maggie Haberman | ) www.nytimes.com time to read: +1 min

Donald J. Trump, who recently said he has “no regrets” about appointing the Supreme Court supermajority that overturned the landmark Roe v. Wade ruling on abortion rights, declared on social media on Friday that his administration will be “great” for women’s “reproductive rights.”Mr. Trump’s use of the specific phrase “reproductive rights” — the language used by abortion-rights advocates — appeared to be an effort by the former president to refashion himself as essentially supportive of abortion rights and as a political moderate on an issue that has the potential to be damaging to him in November. “My Administration will be great for women and their reproductive rights,” he wrote on Thursday morning on Truth Social, his social media platform. At the Democratic National Convention, the end of Roe — and Mr. Trump’s professed pride in appointing the justices who eliminated it — was a central focus. Women told haunting, personal stories about the dangers they faced being denied abortions after the ruling was overturned, with pregnancies that were not viable and that threatened their own health.

Persons: Donald J, Trump, Wade, Mr, ”, —, refashion, “, Roe —, Trump’s Organizations: Democratic National Convention

The biggest chunk – about $1.9 million – was spent by Trump’s campaign and fundraising committees on a Trump-owned company that operates his jet. Karoline Leavitt, a spokesperson for Trump’s campaign, said that “committees are paying the fair market rate for all venues and services” provided by Trump businesses. The dynamic of candidates shelling out thousands on Trump’s businesses while vying for his endorsement – which can make or break Republican campaigns – is an example of how politics has boosted his businesses’ bottom line. About 150 congressional candidates have reported spending campaign funds at Trump businesses, including some Democrats in the years before his first presidential bid. Walker’s campaign spent a total of nearly $215,000 at Mar-a-Lago, Trump’s West Palm Beach golf club and his Las Vegas hotel.

Persons: Donald Trump, Bernie Moreno, who’d, wasn’t, glitzy, Trump, spender, who’ve, Moreno, Herschel Walker, Kari Lake, Trump’s, Karoline Leavitt, –, “ He’s, ”, Daniel Weiner, Brennan, New Jersey Sen, Robert Menendez’s, Delaware Sen, Chris Coons, Joe Biden, Jeff Dean, AP Moreno, J.D, Vance, ” Moreno, Kimberly Guilfoyle, Donald Trump Jr, David B, Cohen, ” Cohen, Reagan McCarthy, “, Walker’s, Walker, Scott Paradise, Sean Rayford, spenders, Lake, John Gibbs of, Vernon Jones of, Kathleen Clark, St . Louis, ” Leavitt, It’s, Weiner, ” Weiner, Lara Trump, hawking, Donald Trump's Mar, Joe Raedle, MAGA, Laurence Leamer, Lago, Leamer, ” Leamer, “ It’s, Steve Contorno, Kyung Lah, Alex Leeds Matthews, Alayna Treene Organizations: CNN, Ohio’s Senate, Trump’s, Florida, Republican, Republicans, GOP, Trump, Georgia Senate, Arizona, Mar, Republican Party, New, Trump National Golf Club, Ohio Senate, Senate, Twitter, University of Akron, Las, Former Republican, The Washington Post, Washington University, Super, TAG Air, Inc, Boeing, “ Trump Force, Brennan, Republican National Committee, RNC, Fund, National Republican Congressional, White Locations: Ohio’s, Lago, Georgia, Trump, New Jersey, Virginia, Delaware, Florida, Vandalia , Ohio, Ohio, Cleveland, Palm Beach, Las Vegas, Arizona, Majewski, John Gibbs of Michigan, Vernon Jones of Georgia, Mar, St ., Palm Beach , Florida, American

☆ Trump promotes family's new crypto platform, 'The Defiant Ones'
▼ + stars: | 2024-08-22 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event in Nashville, Tennessee, U.S., July 27, 2024. Former President Donald Trump on Thursday promoted a soon-to-launch, Trump Organization crypto platform, "The DeFiant Ones" to his 7.5 million followers on Truth Social . Within minutes, his son Donald Trump Jr., shared the post with his 12 million X followers. Trump's post includes a link to a Telegram channel called "The DeFiant Ones," which had approximately 29,000 followers as of Thursday morning, and climbing. In May, he became the first major presidential nominee to accept cryptocurrency donations, and in July, the Republican presidential nominee headlined the biggest bitcoin event of the year in Nashville, Tennessee.

Persons: Donald Trump, Trump, Donald Trump Jr, Eric Trump, Donald Jr, Eric, Kamala Harris, Trump's Organizations: Trump Organization, Truth, Republican, Trump, New York Post, Trump senior, Solana Locations: Nashville , Tennessee, U.S, cryptocurrency

☆ Taylor Swift can absolutely sue Trump over the fake endorsement images he reposted. Winning a lawsuit might be harder.
▼ + stars: | 2024-08-19 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Read previewShould Taylor Swift sue Donald Trump or just shake it off? "Swift could sue Trump and those who misappropriated her likeness by creating AI-generated images," Neama Rahmani, the president and a cofounder of West Coast Trial Lawyers, said. "So I wouldn't be surprised if they send the Trump campaign a cease-and-desist letter at a minimum," Rahmani said. Firmly in the "sue Trump" camp is James Walker Jr., a veteran entertainment attorney from Atlanta who reps the estate of Isaac Hayes. Swift would need to prove that the Trump campaign sent these images out with intent to deceive voters."

Persons: —, Taylor Swift, Donald Trump, Trump, Swift, Taylor, deepfakes, Scarlett Johansson, lawyered, Rahmani, Harry Surden, Surden, Harris, James Walker Jr, Isaac Hayes, Walker, Aretha Franklin, I've, Paul Michael Wilson, Wilson, Jessica Litman, Litman, Mark Bartholomew, Bartholomew, Juan Perla, Curtis, Mallet, Prevost, Perla, Celine Dion, Vance, Johansson Organizations: Service, Business, Trump, West, Trial, University of Colorado, Biden, Walker & Associates, University of Michigan, University at Buffalo, ELVIS, Colt Locations: University of Colorado Boulder, Atlanta, Hayes, Tennessee, York

☆ Trump Media shares sink to post-merger low as DJT slump continues
▼ + stars: | 2024-08-19 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Shares of Trump Media fell to their lowest price since Donald Trump's social media company completed a merger nearly five months ago. Trump Media, which owns the Republican former president's preferred social messaging platform Truth Social, ended the trading day at $22.24 per share, a drop of more than 3.5%. The stock price has continued to be volatile, but since mid-July has lost nearly half of its value. Trump Media's stock slump in the past four weeks coincided with a swirl of seismic developments for Trump, who is both the majority stakeholder of Trump Media and a main draw for Truth Social users. The share price surged on July 15, the first trading day after Trump was nearly assassinated at a campaign rally in western Pennsylvania.

Persons: Donald Trump's, president's, Trump, Joe Biden Organizations: Trump Media, Republican, Corp, Nasdaq, Trump, Truth Social, Democratic Locations: Pennsylvania

Trump’s allies are also publicly making their pitch for him to refocus his attention on the race. “You’ve always got to be assessing the state of the race, and I would like to see more offense from the Trump campaign. On a swing of battleground states last week, Harris and her new running mate were greeted by a groundswell of supporters at each stop. "This was a TRUMP idea — She has no ideas, she can only steal from me," Trump wrote on Truth Social. In an appearance on Real America’s Voice last week, Trump’s political director, James Blair, made the case that it is a state-by-state race.

Persons: Donald Trump, Kamala Harris, Trump, ”, ” Trump's, “, Harris, Joe Biden's, Brian Kemp, Kevin McCarthy, “ You’ve, ” McCarthy, Tim Sheehy, Dan Eberhart, —, Biden, ” Trump, outpacing Harris, ” Karoline Leavitt, Trump’s, Walz, David Lee, Chris Grant, James Blair Organizations: Republican, Trump, NBC News, Fox News, Montana, Democrat, ”, Mar, Biden, ABC, Harris, Privately, CNBC, Democratic, “, Labor, MAGA Inc, Politico, Real America’s Voice Locations: Georgia, Bozeman, Asheville , North Carolina, Pennsylvania, Florida, Las Vegas, Arizona, Michigan , Wisconsin , Nevada, North Carolina

☆ Older Americans prepare themselves for a world altered by artificial intelligence
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +6 min

Artificial intelligence offers significant benefits for seniors, from the ability to curb loneliness to making it easier for them to get to medical appointments. I’m too old to worry about that.”Classes like these aim to familiarize aging early adopters with the myriad ways the technology could better their lives but also encourage skepticism about how artificial intelligence can distort the truth. What are the geopolitical implications of artificial intelligence? Seniors who have taken such AI classes said they came away with a clear understanding of AI’s benefits and pitfalls. You really have to question it,” said Linda Chipko, a 70-year-old who attended an AI class in June in suburban Atlanta.

Persons: ”, “, Barbara Winston, Winston, “ I’m, Michael Gershbein, Gershbein, Dianne Stone, Siwei Lyu, Lyu, Linda Chipko, Chipko, “ It’s, Ruth Schneiderman, ” Schneiderman Organizations: North Shore Senior Center, AARP, AI, National Council, Aging, University, Buffalo, Seniors Locations: NORTHFIELD, Ill, Chicago, Northfield, “, Charleston , South Carolina, Connecticut, Atlanta

☆ Elon Musk gave a new reason why X had another meltdown introducing a Republican presidential candidate
▼ + stars: | 2024-08-13 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

CNN —Elon Musk said an attack on X delayed his interview with former President Donald Trump by 42 minutes. But Musk also blamed mistakes by X’s staff for the snafu that prevented people from joining the stream. On his social media platform, Truth Social, Trump had called DeSantis’ technical difficulties on X a “disaster,” which Vice President Kamala Harris’ campaign reposted during the meltdown Monday night. But when people tried to access the Trump interview at the scheduled 8 pm ET start time, they were greeted with grayed out screens and were unable to join. Eventually, the interview began, and both X and Musk claimed it was a success.

Persons: CNN — Elon Musk, X, Donald Trump, Musk, ” Musk, ”, Ron DeSantis ’, Trump, Kamala Harris ’, Linda Yaccarino Organizations: CNN, Florida Republican, Twitter, Trump Locations: Florida

☆ Late Night Tackles Trump’s Obsession With Crowd Size
▼ + stars: | 2024-08-13 | by ( Trish Bendix | ) www.nytimes.com time to read: 1 min

Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. Crowd WorkFormer President Donald Trump falsely claimed in a series of posts on Truth Social that Vice President Kamala Harris had used artificial intelligence to create images and videos of large crowds at her rallies. On Monday’s “Late Show,” Stephen Colbert said that “Trump’s crowd envy has set his brain to ‘broil’” over the thousands of people confirmed to be in attendance.

Persons: Donald Trump, Kamala Harris, ” Stephen Colbert Organizations: Netflix, Social

☆ Kellyanne Conway joins the chorus of Republicans urging Trump to back off the Harris insults
▼ + stars: | 2024-08-13 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

But now that Harris is Trump's official 2024 opponent, more and more Republicans are urging the former president to back off the name-calling — including his former campaign manager Kellyanne Conway. Conway, a regular Fox News contributor, told Fox Business host Larry Kudlow on Monday that Trump needs to stop getting caught up with insults against Harris. Advertisement"The winning formula for President Trump is very plain to see," Conway told Kudlow on Fox Business. "But I believe importantly that President Trump is right that she's a chameleon. AdvertisementConway is just the latest Republican to call for Trump — and Vance, by association — to stop questioning Harris' heritage.

Persons: —, Donald Trump, He's, Joe Biden, Sleepy Joe, Hillary Clinton, Ted Cruz's, John F, Kamala Harris, Harris, Kellyanne Conway, Larry Kudlow, Trump, Conway, Kudlow, she's, Biden, Clinton, there's, JD Vance, Vance, Sen, Lindsey Graham of, Mike Johnson, Richard Hudson — Organizations: Service, Business, Fox News, Fox Business, Trump, Democratic, Republicans, DEI, National Association of Black Journalists, CNN, Republican, Trump —, National Republican Congressional Locations: Conway, Chicago, Lindsey Graham of South Carolina

☆ Trump Media tumbles for a 2nd day after the former president returns to X and interviews with Elon Musk
▼ + stars: | 2024-08-13 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Shares of Trump Media dropped almost 4% Tuesday following the former president's interview with Elon Musk. Truth Social's latest earnings show the social media company is still struggling to turn a profit. AdvertisementShares of Donald Trump's media company tumbled for a second day on Tuesday after the former president returned to his firm's top rival after a three-year hiatus. In earnings released last week, Trump Media posted a $16 million loss and a decline in revenue in the most recent quarter. Trump's interview with Musk, streamed on X, lasted over two hours and attracted as many as 1.3 million listeners.

Persons: Elon Musk, —, Donald Trump's, Trump, Twitter —, Musk, Kamala Harris Organizations: Trump Media, Elon, Trump, Service, Truth, Capitol, Twitter, Republican, National Association of Black Journalists Conference Locations: Georgia, Chicago, Palm Beach , Florida

☆ How Elon Musk has turned X into a pro-Trump machine
▼ + stars: | 2024-08-13 | by ( Clare Duffy | ) edition.cnn.com time to read: +9 min

But now Musk, who is not only the owner but also the most followed user on X, has shifted to more direct campaigning for former President Donald Trump. Musk announced his official endorsement for Trump in a post last month that received 2.3 million likes. Weeks after it was posted, the video is not labeled with a “community note,” X’s community fact-checking feature that Musk used as justification for slashing the company’s trust and safety team. In a letter, the secretaries urged Musk to “immediately implement changes” on the X platform. But on Monday night, Musk offered to take a role in the potential future Trump’s administration helping to rein in government spending.

Persons: Elon Musk, Donald Trump, Musk, He’s, Hunter, Trump, YOU, Trump’s, “, Elon, ” Trump, Kamala Harris, doesn’t, ” Wendy Weiser, Brennan, Harris, ”, ” Weiser, Kamala, …, White supremacists, X, Musk’s, chatbot, Harris ’, ” Lara Cohen, informercial, he’s, ” Musk, “ I’d Organizations: New, New York CNN, Elon, Twitter, Biden, White, Trump, CNN, Fake News, Fake News Media, Center, “, Brennan Center for Justice, NYU Law School, Democratic, Street Locations: New York, United Kingdom

☆ Analysis: Musk tries to help Trump halt the Harris surge
▼ + stars: | 2024-08-13 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

Musk agreed with Trump that Harris was a radical leftist and flattered his guest by implying that he was strong and his Democratic opponents were weak. Like, okay, you know, President Trump is like, don’t mess with me.”Musk has already endorsed Trump, and he was leaving no doubt on Monday night that he wants to see him win a second term. Trump may not have been president without Twitter, as his emergence as a political force in 2016 coincided with the site’s heyday. “There is a lot of opposition to people just hearing what President Trump has to say,” Musk said. The Harris campaign was quick to respond, posting a Trump Truth Social post from last year that lambasted Florida Gov.

Persons: Elon Musk, Donald Trump, Kamala Harris, Joe Biden’s, –, Musk, Harris, “, ” Trump, baselessly, Biden, Trump, ” Musk, Kamala, ”, —, Steven Cheung, he’d, Thierry Breton, Cheung, Ron DeSantis Organizations: CNN, Tech, Elon, Democratic, Trump, Republican, Trump —, SpaceX, Twitter, Presidential, ”, Musk Trump, Biden, Florida Gov, Capitol Locations: United States, European, Europe

☆ The biggest change in the polls since Biden’s exit: From the Politics Desk
▼ + stars: | 2024-08-12 | by ( The Politics Desk | ) www.nbcnews.com time to read: +5 min

In July’s NYT/Siena poll of Pennsylvania, Biden’s popularity was well underwater among likely voters, with 39% viewing him favorably and 59% viewing him unfavorably (-20 net rating). By comparison, 45% had a favorable view of former President Donald Trump, while 52% had an unfavorable view (-7 net rating). Half of likely voters view Harris favorable and 48% view her unfavorably (+2 net rating) in Pennsylvania. As for Trump, his rating in Pennsylvania is now at 48% favorable and 51% unfavorable (-3 net rating). When the three battleground state polls are combined, 46% of likely voters hold a favorable view of him, while 53% hold an unfavorable one (-7 net rating).

Persons: Mark Murray, Kamala Harris, Adam Wollner, Vaughn Hillyard, Donald Trump, Elon Musk, Harris, Joe Biden, That’s, Biden, Trump, it’s, Vaughn Hillyard Elon Musk, Musk, Mayra Flores, Ron DeSantis, ” Trump, ”, —, DeSantis Organizations: NBC, White House, Capitol, Elon, New York Times, Siena College, NYT, Democratic, Getty, Twitter, U.S . Capitol, Republican, Trump Locations: Michigan , Pennsylvania, Wisconsin, Siena, Harris, Pennsylvania, In Pennsylvania, Trump’s, Texas

Shares in Trump Media and Technology Group were down about 7% on Monday afternoon after the company reported scant revenues and a net loss in its first full quarter as a public company. Meanwhile, Donald Trump returned to X early Monday in advance of his interview with X owner Elon Musk later in the day, raising some doubt about whether Trump would continue favoring Truth Social, the social media platform owned by Trump Media. Shares in Trump Media have been subject to significant volatility since it began trading in late March thanks in part to competing bets from Wall Street traders about how much the stock would fall. With rare exceptions, Trump has almost exclusively posted to Truth Social since the platform came into being in February 2022. They’re coming after you.”In its quarterly report, released late Friday, Trump Media addressed the launch of its streaming service, Truth+, this month.

Persons: Donald Trump, Elon Musk, Trump, “, Mr, Musk, “ They’re, They’re, Devin Nunes Organizations: Trump Media, Technology Group, X, Trump, Wall, Republican, Trump Media's, Social, Big Tech Locations: California

An attorney for former President Donald Trump has filed a legal notice announcing that his client plans to sue the Justice Department and the FBI for $115 million for alleged "malicious political prosecution" and "abuse of process." Epstein is a former Trump White House lawyer who is now vice-president of America First Legal, the legal group founded by former Trump adviser Stephen Miller. The filing does not mention the multiple requests from the National Archives and the Justice Department for Trump to return the records. The Justice Department declined to comment. It's unclear what would happen to the action if Trump is elected president again in November, and whether he would be able to direct the Justice Department to pay what he's seeking.

Persons: Donald Trump, baselessly, Jack Smith, Trump, —, Daniel Z, Epstein, Stephen Miller, Donald Trump's Mar, Smith, Aileen Cannon, Cannon, Steven Cheung, He's, E, Jean Carroll's Organizations: Justice Department, FBI, NBC, Trump White House, America, of Justice, Fox News, Trump, National Archives, DOJ, U.S, “ weaponized Department of Justice, Southern, Southern District of, NBC News Locations: Florida, Lago, Cannon, Southern District, Southern District of Florida

Search resuls for: "ruth S"

25 mentions found