Ravikant said most of the funding for Airchat has come from his own fund, as well as from Jeff Fagnan, a founding partner at Accomplice Ventures. “[OpenAI CEO] Sam Altman threw in a check, kind of blindly,” Ravikant said. He communicated all of this to me in a public response on Airchat, after politely declining … Read more
Donald Trump on Friday urged his followers to support his social media app Truth Social, as its parent company’s stock continues to sink lower. Trump in a post on that app said he believes Truth Social embodies the political “movement” behind his “Make America Great Again” presidential campaign slogan, adding that “it shows the Spirit … Read more
Jonathan Raa | Nurphoto | Getty Images The price of Trump Media shares fell below $30 in early trading Friday morning, which is more than $40 lower than what its shares first sold for when the social media company began public trading on March 26. DJT shares fell by more than 8% within the first … Read more
Taylor Swift’s music is back on TikTok following an ongoing dispute with her music distributor Universal Music Group over royalties. The return of her songs on the popular social media platform comes as she is set to release her latest and much-anticipated album, The Tortured Poets Department, next week. WATCH THE VIDEO ABOVE: Travis Kelce … Read more
Jonathan Raa | Nurphoto | Getty Images The share price of Trump Media fell 5.4% at the close of trading on Thursday. DJT shares, the majority of which are owned by former President Donald Trump, ended at $32.41. Thursday’s drop came a day after Trump Media shares fell 8.57%. The social media company’s stock began … Read more
This episode was first played on our global news podcast, Today in Focus. Reddit is one of the last mainstream social media platforms that still resembles something of how the internet used to be. A place where humour abounds, niche interests are obsessed over, gossip is traded and viral videos are spread. Think of it … Read more
Jonathan Raa | Nurphoto | Getty Images The share price of Trump Media was down by more than 10% on Wednesday afternoon, putting the company’s market capitalization below $5 billion. DJT shares were selling for $33.58 at 1:46 p.m. ET, well below the $70.90 that the stock opened trading at on March 26, its first … Read more
Who better than teenagers to know what’s trendy? Piper Sandler has released the spring edition of its semiannual “Taking Stock With Teens Survey,” with solid results for several names in our portfolio. We love scanning the report, which looks at a wide swath of Generation Z, roughly defined as people aged 11 to 26. In … Read more
The tech giants have overthrown capitalism. That’s the argument of former Greek finance minister Yanis Varoufakis, who became famous trying to defend debt-laden Greece from its German creditors. Varoufakis has never quite regained the notoriety of 2015. But he has remained a prominent left-wing voice. After a failed campaign for a seat in the European … Read more
The merger that led to Trump Media shares becoming publicly traded is also paying off for top executives and other insiders at the company, which owns the Truth Social app regularly used by former President Donald Trump. Corporate filings from Trump Media — which reported a net loss of $58 million last year on revenue … Read more
