Washington Post – Politics:
A Tiktok deal would create an American version of the popular video app owned by some of the president’s wealthiest supporters.
Author: Drew Harwell
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TikTok files court challenge to U.S. law that could lead to ban
Washington Post – Politics:
The filing ignites a high-stakes court battle in Washington that could prove to be an existential fight for one of the world’s most popular apps.
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Trump Media auditor charged by SEC with ‘massive fraud’
Washington Post – Politics:
Regulators said B.F. Borgers’ “deliberate and systemic failure” led to errors in more than 1,500 of its filings.
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TikTok and the U.S. government dig in for legal war
Washington Post – Politics:
The Biden administration has worked to distance itself from past ill-fated TikTok ban attempts. Legal scholars say its new law might be just as legally flawed.
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Small-time investors in Trump’s Truth Social reckon with stock collapse
Washington Post – Politics:
Trump Media shareholders have voiced doubt and fury over the company’s plunging price. Some said they had invested thousands to show Trump their faith and support.
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Truth Social lost $58 million last year. Here’s who made money anyway.
Washington Post – Politics:
Trump’s social network generated just $4 million in revenue last year, but the company’s leaders stand to make millions in salaries, bonuses and stock.
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Trump’s Truth Social lost $58 million in 2023, despite $8 billion valuation
Washington Post – Politics:
The stock’s price slumped 15 percent.
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Trump’s Truth Social surges in DJT stock debut, but questions remain
Washington Post – Politics:
The trading frenzy was a boost for the former president’s wealth. But Truth Social makes very little money, and Trump can’t sell his shares for six months.
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Trump Media stock to begin public trading on Tuesday
Washington Post – Politics:
A trading frenzy Monday was a triumph for the former president’s wealth. But Truth Social makes very little money, and Trump can’t sell his shares for six months.