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Apple Might Launch Its Own Smart Home Camera As It Focuses On Providing A More Integrated Product Experience For Its Users

Apple is increasingly focusing on building its own devices and expanding its ecosystem by taking steps towards a more native experience for users and relying less on third-party accessories. While the Cupertino-based tech giant's HomePod and AppleTV have left quite the mark in the smart home category, it generally relies more on outsourcing cameras and other hardware for smart homes. Now, a new report suggests that the company intends to create a fully integrated experience by developing its own smart home accessories. Gurman hints about Apple working on making smart home products like security cameras for a more integrated experience […]

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Trump Media and Technology Group (DJT) Shares Nosedive as the Company Files to Issue 21.5 Million New Shares

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Trump Media and Technology Group (DJT) Is Massively Outperforming NVIDIA Right Now, but Don’t Bet on a Hype Demise Just Yet

Who would have thought that Trump Media and Technology Group (NASDAQ: DJT), the entity that controls the Truth Social platform and makes barely any money, would manage to upstage the market's current belle - the multi-trillion-dollar AI play, NVIDIA? However, those banking on a reversion-to-the-mean type of move should stay their hands for now or risk getting burned. For the benefit of those who might not be aware, Trump Media and Technology Group finally managed to close its long-delayed reverse merger with the SPAC Digital World last week, with the shares of the combined company debuting on the Nasdaq exchange […]

A Three-Way Lawfare Fails to Halt the Planned Merger Between Digital World and Trump Media and Technology Group

It appears that a last-minute hurdle in the form of a series of lawsuits will fail to halt the proposed merger between the SPAC Digital World (DWAC) and the parent of the Truth Social platform, Trump Media and Technology Group (TMTG), paving the way for the shares of the combined company to soon start trading on the Nasdaq exchange, with Trump's 78.75 million shares in the post-merger setup now worth over $3 billion. We reported a few days back that the planned merger between Digital World and TMTG was under threat from a number of lawsuits, including one where the […]

Trump Claims He’s Not Going to Make Billions off the Merger Between Digital World and Trump Media and Technology Group, Negating a Recent Lawsuit’s...

Just when you thought the stars were finally aligning for the long-delayed merger between the SPAC Digital World (DWAC) and Truth Social's parent entity, Trump Media and Technology Group (TMTG), the former US President's associates have thrown a wrench into those elaborately laid out plans by lobbing a high-profile lawsuit that could threaten the public market debut of Trump's media-focused entity. As we reported a few weeks back, Digital World announced via a new filing on the 16th of February that the much-anticipated meeting of its shareholders would occur at 10:00 a.m. on the 22nd of March, 2024, where those […]

It’s Official: Trump’s Media-Focused Entity Is Finally Going Public as Digital World Announces a Shareholder Vote

After being held up for nearly two years on one pretext or the other, including federal investigations on inappropriate disclosures and a full-fledged money laundering inquiry for allegedly receiving funds from Russia's Putin, the planned merger between the SPAC Digital World (DWAC) and the Trump Media and Technology Group (TMTG) - the entity that controls the Truth Social platform - is finally coming to fruition. We reported earlier this week that the SPAC Digital World was gearing up to announce the date for a special meeting of its shareholders "within two business days," where those shareholders would be required to […]

Trump-Linked Digital World To Announce Its Merger Date “Within Two Business Days” as Its Form S-4/a Becomes Effective

Finally, the news that Digital World investors were waiting for emerges! The SPAC has now cleared its last major hurdle and is all set to announce the date on which its shareholders will approve the proposed merger with Trump Media and Technology Group (TMTG), the entity behind the Truth Social platform. The SEC has now declared Digital World's Form S-4 effective, which is usually considered an "all engines go" signal from the apex financial regulator. Accordingly, the SPAC has announced that it will unveil the date for a special meeting of its shareholders "within two business days" where the shareholders […]

Digital World (DWAC) Promises Trump Media and Technology Group (TMTG) Juicy Bonuses and Earnout Shares To Stick With the Merger Agreement

The SPAC Digital World (NASDAQ: DWAC) is now rolling out the proverbial red carpet and offering various bells and whistles to the Trump Media and Technology Group (TMTG), the entity that controls the Truth Social platform, to entice its increasingly recalcitrant partner to continue to stick with their merger agreement. As per a fresh filing with the SEC, Digital World is offering cumulative cash bonuses of $6.38 million to attract and retain "employees and other personnel associated with TMTG." Provided that certain conditions are met, the SPAC has agreed to issue this cash bonus once the agreed-upon merger between Digital […]

Trump-Linked SPAC Digital World Manages To Attract Critical Funding by Offering Extremely Generous Terms to Investors

After formally losing every cent of the original $1 billion in PIPE investments, the Special Purpose Acquisition Company (SPAC) Digital World - which still intends to merge with Truth Social's parent entity, Trump Media and Technology Group (TMTG) - appears to have secured a critical financial lifeline as it continues to navigate the messy labyrinth of its still-pending business combination. I don't understand why the need for all the goodies included in the new $DWAC PIPE. The share price is in the $40s, but they have a UNIT (which includes a half warrant) converting at $8.00??? And then they get […]

Trump’s Shrinking Engagement on Truth Social Bode Ill for Digital World Shares

Trump's X-like echo chamber of sorts, the Truth Social platform, is not living up to the expectations of the former US President, as per an exhaustive analysis conducted by Axios. This situation, characterized by user engagement that appears in terminal decline, does not bode well for the future prospects of the SPAC Digital World, which is slated to take the Trump Media and Technology Group (TMTG) public in 2024. For the benefit of those who might not be aware, the former US President owns around 90 percent of the Trump Media and Technology Group, the entity behind the Truth Social […]

Digital World (DWAC) Again Extends the Deadline for Its Merger With Trump Media and Technology Group (TMTG)

For a fleeting moment last month, it appeared quite feasible that the embattled SPAC Digital World would imminently take Trump Media and Technology Group (TMTG) public via a reverse merger. Hopes for a swift wrap-up of this ongoing saga, however, have been dashed yet again. Back in the fall, the proposed merger between Digital World and Trump Media and Technology Group appeared increasingly shaky as the two entities entered into a third amendment to their merger agreement, which among other things stipulated a fresh due diligence exercise to determine the viability of pursuing a business combination that has been held […]

Trump Media and Technology Group (TMTG) Blames the Media’s “Momentous Smear Campaign” for Leaking “Fictitious” Financial Results

In a dramatic turn of events, Truth Social's parent company, Trump Media and Technology Group (TMTG), has launched a scathing attack against a number of media outlets for publishing an entirely "fictitious" account of its financial results as part of the broader reporting on its impending merger with the SPAC Digital World (DWAC). After posting a clarification on Truth Social, Trump Media and Technology Group (TMTG) has also filed a Form 425 with the SEC. The filing includes a screenshot of the Truth Social post. Trump's media-focused entity blasted several media outlets for launching a "momentous smear campaign," one that […]

A Recent Filing Gives the Strongest Signal Yet That Digital World and Trump Media and Technology Group Are About To Merge

With Trump's Truth Social continuing to bleed money like a sieve and the impending merger of its parent entity, Trump Media and Technology Group (TMTG), with the SPAC Digital World (DWAC) complicated by a host of federal investigations, the headwinds for the former US President's media-related ambitions appeared to be rapidly becoming insurmountable just a few weeks back. Now, however, the stars again seem to be aligning, and the consummation of this much-delayed merger agreement finally appears at hand. To wit, Digital World has now filed the first amendment to its Form S-4, which is used to register securities with […]

Tag: Trump Media and Technology Group

Trump Media and Technology Group (DJT) Shares Nosedive as the Company Files to Issue 21.5 Million New Shares

Trump Media and Technology Group (NASDAQ: DJT) appears to have caught a lot of investors by surprise after filing for the issuance of new shares in what is usually a routine affair in the de-SPAC process. To wit, Truth Social's parent entity has now filed with the SEC to pave the way for the following transactions: The issuance of 21.491 million shares upon the exercise of warrants The permission for Trump Media and Technology Group insiders to sell up to146.108 million common shares after the expiration of their lock-up period, which is the earliest of either the 25th of September, […]

Trump Media and Technology Group (DJT) Is Massively Outperforming NVIDIA Right Now, but Don’t Bet on a Hype Demise Just Yet

Who would have thought that Trump Media and Technology Group (NASDAQ: DJT), the entity that controls the Truth Social platform and makes barely any money, would manage to upstage the market's current belle - the multi-trillion-dollar AI play, NVIDIA? However, those banking on a reversion-to-the-mean type of move should stay their hands for now or risk getting burned. For the benefit of those who might not be aware, Trump Media and Technology Group finally managed to close its long-delayed reverse merger with the SPAC Digital World last week, with the shares of the combined company debuting on the Nasdaq exchange […]

A Three-Way Lawfare Fails to Halt the Planned Merger Between Digital World and Trump Media and Technology Group

It appears that a last-minute hurdle in the form of a series of lawsuits will fail to halt the proposed merger between the SPAC Digital World (DWAC) and the parent of the Truth Social platform, Trump Media and Technology Group (TMTG), paving the way for the shares of the combined company to soon start trading on the Nasdaq exchange, with Trump's 78.75 million shares in the post-merger setup now worth over $3 billion. We reported a few days back that the planned merger between Digital World and TMTG was under threat from a number of lawsuits, including one where the […]

Trump Claims He’s Not Going to Make Billions off the Merger Between Digital World and Trump Media and Technology Group, Negating a Recent Lawsuit’s...

Just when you thought the stars were finally aligning for the long-delayed merger between the SPAC Digital World (DWAC) and Truth Social's parent entity, Trump Media and Technology Group (TMTG), the former US President's associates have thrown a wrench into those elaborately laid out plans by lobbing a high-profile lawsuit that could threaten the public market debut of Trump's media-focused entity. As we reported a few weeks back, Digital World announced via a new filing on the 16th of February that the much-anticipated meeting of its shareholders would occur at 10:00 a.m. on the 22nd of March, 2024, where those […]

It’s Official: Trump’s Media-Focused Entity Is Finally Going Public as Digital World Announces a Shareholder Vote

After being held up for nearly two years on one pretext or the other, including federal investigations on inappropriate disclosures and a full-fledged money laundering inquiry for allegedly receiving funds from Russia's Putin, the planned merger between the SPAC Digital World (DWAC) and the Trump Media and Technology Group (TMTG) - the entity that controls the Truth Social platform - is finally coming to fruition. We reported earlier this week that the SPAC Digital World was gearing up to announce the date for a special meeting of its shareholders "within two business days," where those shareholders would be required to […]

Trump-Linked Digital World To Announce Its Merger Date “Within Two Business Days” as Its Form S-4/a Becomes Effective

Finally, the news that Digital World investors were waiting for emerges! The SPAC has now cleared its last major hurdle and is all set to announce the date on which its shareholders will approve the proposed merger with Trump Media and Technology Group (TMTG), the entity behind the Truth Social platform. The SEC has now declared Digital World's Form S-4 effective, which is usually considered an "all engines go" signal from the apex financial regulator. Accordingly, the SPAC has announced that it will unveil the date for a special meeting of its shareholders "within two business days" where the shareholders […]

Digital World (DWAC) Promises Trump Media and Technology Group (TMTG) Juicy Bonuses and Earnout Shares To Stick With the Merger Agreement

The SPAC Digital World (NASDAQ: DWAC) is now rolling out the proverbial red carpet and offering various bells and whistles to the Trump Media and Technology Group (TMTG), the entity that controls the Truth Social platform, to entice its increasingly recalcitrant partner to continue to stick with their merger agreement. As per a fresh filing with the SEC, Digital World is offering cumulative cash bonuses of $6.38 million to attract and retain "employees and other personnel associated with TMTG." Provided that certain conditions are met, the SPAC has agreed to issue this cash bonus once the agreed-upon merger between Digital […]

Trump-Linked SPAC Digital World Manages To Attract Critical Funding by Offering Extremely Generous Terms to Investors

After formally losing every cent of the original $1 billion in PIPE investments, the Special Purpose Acquisition Company (SPAC) Digital World - which still intends to merge with Truth Social's parent entity, Trump Media and Technology Group (TMTG) - appears to have secured a critical financial lifeline as it continues to navigate the messy labyrinth of its still-pending business combination. I don't understand why the need for all the goodies included in the new $DWAC PIPE. The share price is in the $40s, but they have a UNIT (which includes a half warrant) converting at $8.00??? And then they get […]

Trump’s Shrinking Engagement on Truth Social Bode Ill for Digital World Shares

Trump's X-like echo chamber of sorts, the Truth Social platform, is not living up to the expectations of the former US President, as per an exhaustive analysis conducted by Axios. This situation, characterized by user engagement that appears in terminal decline, does not bode well for the future prospects of the SPAC Digital World, which is slated to take the Trump Media and Technology Group (TMTG) public in 2024. For the benefit of those who might not be aware, the former US President owns around 90 percent of the Trump Media and Technology Group, the entity behind the Truth Social […]

Digital World (DWAC) Again Extends the Deadline for Its Merger With Trump Media and Technology Group (TMTG)

For a fleeting moment last month, it appeared quite feasible that the embattled SPAC Digital World would imminently take Trump Media and Technology Group (TMTG) public via a reverse merger. Hopes for a swift wrap-up of this ongoing saga, however, have been dashed yet again. Back in the fall, the proposed merger between Digital World and Trump Media and Technology Group appeared increasingly shaky as the two entities entered into a third amendment to their merger agreement, which among other things stipulated a fresh due diligence exercise to determine the viability of pursuing a business combination that has been held […]

Trump Media and Technology Group (TMTG) Blames the Media’s “Momentous Smear Campaign” for Leaking “Fictitious” Financial Results

In a dramatic turn of events, Truth Social's parent company, Trump Media and Technology Group (TMTG), has launched a scathing attack against a number of media outlets for publishing an entirely "fictitious" account of its financial results as part of the broader reporting on its impending merger with the SPAC Digital World (DWAC). After posting a clarification on Truth Social, Trump Media and Technology Group (TMTG) has also filed a Form 425 with the SEC. The filing includes a screenshot of the Truth Social post. Trump's media-focused entity blasted several media outlets for launching a "momentous smear campaign," one that […]

A Recent Filing Gives the Strongest Signal Yet That Digital World and Trump Media and Technology Group Are About To Merge

With Trump's Truth Social continuing to bleed money like a sieve and the impending merger of its parent entity, Trump Media and Technology Group (TMTG), with the SPAC Digital World (DWAC) complicated by a host of federal investigations, the headwinds for the former US President's media-related ambitions appeared to be rapidly becoming insurmountable just a few weeks back. Now, however, the stars again seem to be aligning, and the consummation of this much-delayed merger agreement finally appears at hand. To wit, Digital World has now filed the first amendment to its Form S-4, which is used to register securities with […]

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