UPDATE: A full jury of 12 and six alternates in has been selected in Donald Trump‘s hush money trial.
01.04.2024 - 18:11 / deadline.com
Trump Media & Technology Group, the newly formed company whose assets include nascent social media platform Truth Social, has reported 2023 revenue of $4.1 million and a net loss of $58.2 million.
The full-year figures were disclosed in new SEC filings Monday. Investors pounced on the numbers, sending shares in the newly formed company down more than 25% in mid-day trading. The stock’s movement is being watched closely because the company’s majority shareholder is Donald Trump, the former president who is poised to become this year’s Republican presidential nominee.
Last week’s public stock debut of Trump’s company, which was created via a SPAC merger, gave Trump a paper windfall of more than $5 billion at a critical juncture. Trump has faced sizable legal bills in recent months as he defends himself against dozens of criminal and civil charges in multiple jurisdictions. A judge in New York recently lowered the amount of his bond in a civil fraud case to $175 million, but the judgment had put Trump’s finances under a microscope.
Trump and other shareholders are subject to a six-month lockup period, according to the latest SEC filing, which would prevent any sales of shares. That provision is generally enforced in order to prevent immediate selling by principals from triggering a crash in a stock. It has been speculated that Trump could be granted a waiver by the company’s board of directors, whose seven members include his son, Donald Trump Jr., that would grant him permission to sell shares.
Truth Social, which was launched as a response to limits put in place on Trump and other right-wing figures on various digital and social platforms, has not posted dramatic growth as of yet. Trump’s following illustrates the
UPDATE: A full jury of 12 and six alternates in has been selected in Donald Trump‘s hush money trial.
Tony and Carmela Soprano back together, all in the name of Lebron James.Though Tony was last seen in The Sopranos final episode in 2007, it turns out he made one more appearance after that.Back in 2010, a video was made to encourage NBA player Lebron James to sign with the New York Knicks. James had just entered free agency for the first time ever, and the Knicks were eager to sign him.As the story goes, the Knicks execs put together a video to convince the legendary basketball player, a strategy which included featuring plenty of New York celebrities at the time including Chris Rock, Harvey Weinstein and former US President Donald Trump.
New York Mayor Eric Adams visited the scene outside the Manhattan criminal courthouse, where media outlets and reporters have stationed themselves as Donald Trump‘s hush money trial takes place inside.
Former President Donald Trump appeared to fall asleep during jury selection on the first day of his hush money trial in Manhattan on Monday — and Jon Stewart had a field day with it on his “Daily Show” episode later that night.“After years of anticipation, the first criminal trial of a former president has begun,” Stewart, 61, sarcastically began his rant on the trial, where Trump has pleaded not guilty to 34 counts of falsifying business records to conceal an alleged six figures worth of payments made to porn star Stormy Daniels to cover up an extramarital affair before the 2016 election.“And by all accounts, it is absolutely riveting,” Stewart added before cutting to a clip of CNN’s trial coverage, where Jake Tapper questioned journalist Maggie Haberman about her earlier report that Trump had been snoozing during jury selection.“Trump appears to be sleeping. His head keeps dropping down, and his mouth goes slack,” Haberman reported on Day 1 of the trial.Stewart interjected in a New York accent: “Hey, Jake, what part of head down, eyes closed, drool coming out of his mouth, do you not f – – king get over here?” in a segment earlier reported on by Mediaite.“He’s snoring.
When networks and other news outlets descend on the Manhattan Criminal Courthouse today for the start of Donald Trump‘s latest trial, much will be made of the fact that this is a moment like no other: A former president facing criminal proceedings.
Patrick Frater Asia Bureau Chief “Stormy,” a documentary about former porn star Stormy Daniels, has been picked up by Blue Ant Studios for international distribution. The launch was announced on Monday, the same day that former U.S. president Donald Trump begins a criminal trial in New York for allegedly covering up hush money payments to Daniels. “Stormy,” offered as two one-hour episodes or a two-hour feature, is produced by Emmy-nominated producers Erin Lee Carr (“I Love You,” “Now Die: The Commonwealth v.
Stormy Daniels Doc Finds Global Distribution
Immediately off the back of its inclusion in the Cannes competition line-up, Ali Abbasi‘s The Apprentice has dropped a first look of Sebastian Stan as Donald Trump and Jeremy Strong as Roy Cohn.
Alex Ritman The first-look image of Sebastian Stan as a young, pre-TV star and pre-president Donald Trump in buzzy upcoming biopic “The Apprentice” has been revealed. Ali Abbasi’s feature — which has just been announced as part of the 2024 Cannes main competition — charts Trump’s ascent to power through what is described as a “Faustian deal” with the influential right-wing lawyer and political fixer Roy Cohn (seen in the still being portrayed by Jeremy Strong).
Is 2024 about to become the new 1972?
Donald Trump’s New York hush money trial is still due to start picking a jury on April 15.
Donald Trump is using the solar eclipse as an opportunity to promote his campaign. The video was shared on Trump’s platform Truth Social and references the total solar eclipse and the upcoming election, which will take place in November 2024. Melania and Donald Trump attend a birthday bash in Mar-a-LagoBarron Trump makes rare appearance with his parents over EasterWhy Did NASA choose Torreón, Mexico to officially broadcast the solar eclipse?A post shared by President Donald J.
Colin Jost and Michael Che had a field day on Saturday Night Live‘s “Weekend Update,” mocking the earthquake that rattled NYC and the latest news on Donald Trump.
Ghost of John McCain, the musical comedy set inside the brain of Donald Trump that got under the skin of Meghan McCain, will make its world premiere Off Broadway this fall, producers announced today.
Taylor Swift and Travis Kelce have been nominated in the same category at this year’s Webby Awards.While the couple are both up for awards in separate categories at the New York ceremony on May 13, they are also both shortlisted for Best Creator or Influencer Collaboration, Features (Social).Kelce’s nod is for a team-up with the Cheesecake Factory and Swift is nominated for her partnership with Vote.org on National Voter Registration Day.They are both up against Paris Hilton, Amaury Guichon, and TikTok’s Tube Girl.Swift’s nomination comes after she urged her fans to take action at the forthcoming US elections, driving record-breaking numbers to the Vote.org website last September.Vote.org saw its highest traffic on National Voter Registration Day since 2020 as a result of her influence.Last month, she also urged her fans to vote in the US primary elections which saw 16 states cast their ballots to pick their Republican and Democratic nominees for president.Swift has been cautious in her approach to politics over the years, first breaking her silence back in 2018 to back the Democrats in the US midterm elections.In 2019, she went so far as to accuse Donald Trump of “gaslighting the American public”, before officially endorsing Joe Biden the following year.She was responsible for driving record-breaking numbers to the voter registration site.It was reported earlier this year that Biden was seeking a Swift endorsement in an effort to swing the next US Presidential Election.Elsewhere, at the 28th annual Webby Awards nominees, include Lil Nas X, Victoria Monét, Sydney Sweeney, Timothée Chalamet, Trixie Mattel, Ryan Gosling, Michelle Obama, Laverne Cox, Adam Driver, Kelly Clarkson, and more.Public voting is open now via the
A New York judge on Monday expanded his gag order on Donald Trump, restricting the former president from attacking the family members of those involved in his upcoming criminal trial.
UPDATE: Donald Trump has secured a $175 million bond as his appeals a New York civil fraud judgment against himself, family members and his business empire.
endorse President Biden for re-election publicly.“I’m in the midst of shooting a sequel to This is Spinal Tap. As much as I’d like Taylor Swift to do a cameo in the film, I’d give anything for her to endorse Joe Biden,” Reiner wrote on X.
Zack Sharf Digital News Director Larry David railed against “little baby” Donald Trump in a recent interview on CNN’s “Who’s Talking to Chris Wallace?” The “Curb Your Enthusiasm” and “Seinfeld” creator has long spoken out against Trump, even having his fictionalized “Curb” self wear a Make America Great Hat in a Season 10 episode because it’s a “a great people repellant.” “How much has the 2020 election — and everything that has flowed from it — pissed you off?” Wallace asked David. David fired back that he “can’t go a day without thinking about what [Trump has] done to this country because he’s such a little baby.” “He’s thrown 250 years of democracy out the window by not accepting the results of [the election]. I mean, it’s so crazy.
Joe Biden‘s New York fundraiser this evening with Barack Obama and Bill Clinton is expected to raise more than $25 million, an enormous haul for a one-evening event.