The owners of a fishing trawler which allegedly damaged an undersea fibre optics cable providing internet and telephone connection between Ireland and Britain are being sued in the High Court over the €800,000 cost of repairs. Virgin Media Wholesale Ltd is suing “the owners and all persons claiming an interest” in the MV The Lida […]
By Danial Azhar KUALA LUMPUR (Reuters) – Malaysia’s communications minister expressed outrage at Meta Platforms on Tuesday, demanding it explain why it had taken down Facebook posts by local media covering the prime minister’s meeting this week with a Hamas leader. Prime Minister Anwar Ibrahim met Ismail Haniyeh of Hamas in Qatar on Monday and […]
Donald Trump created Truth Social after he was banned from X, formerly Twitter.NurPhoto/Getty Images It’s well known that Trump Media stock trades at a premium valuation, but one chart shows just how absurd it is. Trump Media is the parent company of Donald Trump’s Truth Social, which went public in March. The stock market is […]
SAN FRANCISCO (AP) — The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC charged the accounting firm BF Borgers and its owner, […]
BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission on Friday with widespread fraud and accused of operating a “sham audit mill.” The SEC made no allegation of wrongdoing against Truth Social owner Trump Media (DJT), which is not mentioned in the charges from the regulator. […]
(Bloomberg) — The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud that affected more than 1,500 regulatory filings. Most Read from Bloomberg BF Borgers CPA PC and its founder, Benjamin Borgers, will be permanently suspended from practicing and appearing as accountants before the SEC, and will pay a […]
One afternoon last month, Chad Nedohin, a part-time pastor and die-hard supporter of Donald Trump, put on a pirate costume, set up his microphone and recited a prayer. Nedohin was opening his latest livestream on the right-wing video site Rumble, where he has about 1,400 followers who share a devotion to Trump Media & Technology […]
Trump Media CEO David NunesAP Photo / Manuel Balce Ceneta Trump Media’s CEO is a “proverbial loser” for blaming short sellers for the stock’s crash. Trump Media fired back at the firm’s statement, accusing the market maker of “screwing over” investors. In a recent letter, TMTG’s CEO blamed the company’s stock crash on short-sellers. Billionaire […]
Donald Trump (left) and a phone displaying his social media app, Truth Social.Brandon Bell/Christoph Dernbach/Getty Images The crash of Trump Media stock has rattled some Truth Social users. Some on the social media site have claimed the company’s stock has been artificially devalued. Shares of Trump Media are down about 30% in the last week. […]
(Bloomberg) — Donald Trump’s social-media company just became the most valuable publicly traded client of an accounting firm that has more experience auditing companies traded over-the-counter and has had a string of regulatory issues, including a 100% deficiency rate on audits reviewed by a US watchdog. Most Read from Bloomberg Trump Media & Technology Group […]
It seems unlikely that Trump’s media company’s stock price is going to stay so high forever.Getty Images; Alyssa Powell/BI Donald Trump’s newly public social-media company is not the next Nvidia — or Meta or Google or whatever has happened with X/Twitter. The share price of Trump Media and Technology Group, trading under the stock ticker […]
Bill GrossJim Young/Reuters Meme-stock mania has caused options activity to balloon around Trump Media. That includes trades made by Bill Gross, who told Bloomberg he’s selling put and call options. These bets indicate he expects DJT shares to remain between $45 and $95 before an April expiry. A rising rebound in meme-stock investing has sent […]