After former President Donald J. Trump was kicked off Twitter in 2021, conservative entrepreneurs rushed to promote social media alternatives tailored to him and his supporters. There were Parler and Gab, Twitter-like sites popular among the people who stormed the U.S. Capitol on Jan. 6. Then came Gettr, a social media app created by one […]
Read MoreTag: Truth Social (Social Network)
Legal Fight Over Trump Media’s Ownership Adds to Its Woes
Twenty years ago, Wes Moss and Andy Litinsky met Donald J. Trump as contestants on his reality TV show, “The Apprentice” — a connection that led them to help launch the former president’s social media platform, Truth Social, with his blessing. Now, they might as well be starring in an episode of “Family Feud.” For […]
Read MoreTrump Media Share Price Drops Sharply
Shares of former President Donald J. Trump’s social media company plunged on Monday after the company filed to register the potential sale of tens of millions of additional shares. Trump Media & Technology’s stock fell 18 percent, erasing hundreds of millions of dollars from the company’s market value — and putting a dent in Mr. […]
Read MoreStormy Daniels and the Comeuppance of Donald Trump
Sometimes I lie awake at night wondering whether Donald Trump is afraid. Does he think he’ll go to jail? Lose his fortune? Does he sleep easier after ranting in ALL CAPS on Truth Social? Surely I’m not the only one losing sleep over the threat this man poses to the country. But lately, as I […]
Read MoreTraders Are Betting Millions That Trump Media Will Tumble
Before former President Donald J. Trump’s social media company made its stock market debut, many investors were lining up to bet on its collapse. After the company’s share price plunged following an initial surge, the appetite to bet against the stock has grown even more ravenous. Trump Media & Technology Group, which trades under the […]
Read More2 Brothers in Trump Media Insider-Trading Scheme Plead Guilty
Two brothers from Miami pleaded guilty on Wednesday in federal court in Manhattan for their role in a nearly $23 million insider-trading scheme surrounding the 2021 announcement that former President Donald J. Trump’s social media company planned to merge with a cash-rich shell company. Michael and Gerald Shvartsman, who had pleaded not guilty to securities […]
Read MoreTrump Asks Trial Judge to Step Aside, Aiming Again at His Daughter
Donald J. Trump, desperate to delay his criminal trial in Manhattan this month, has renewed a request for the judge overseeing the case to step aside, the latest twist in the former president’s attacks on the judge’s integrity — and family. In a court filing made public Tuesday, Mr. Trump’s lawyers argued that the judge, […]
Read MoreTrump Media Stock Slumps as Early Fervor in Truth Social Owner Fades
Shares of former President Donald J. Trump’s social media company slumped more than 20 percent on Monday, as the fervor around the company’s debut on public markets last week appeared to subside. The sell-off cut the market value of Trump Media & Technology Group, which trades under the ticker “DJT,” by some $2 billion, to […]
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