A central figure in former US President Donald Trump’s bid to create a new social media platform is a Brazilian parliamentarian and self-proclaimed prince who has campaigned to restore elements of the monarchy that ended with the overthrow of Emperor Pedro II in 1889.
The share price of a special purpose acquisition company (SPAC) that plans to merge with a media group connected to former President Donald Trump quintupled on Thursday, following an announcement late Wednesday night that Trump planned to launch a new social media company.
The U.S. Treasury Department said the sale of Magnachip Semiconductor Corp. to a Chinese private equity firm poses “risks to national security,” as Chinese investments in critical technologies meet with enhanced U.S. scrutiny.
The Federal Trade Commission on Thursday took a second shot at alleging Facebook is an illegal monopoly in a new complaint that accuses the social media company of buying up potential competitors or thwarting their access to the platform.
The idea that COVID countermeasures might include forced vaccination and vaccine passports, resulting in a segregated society where only those participating in the vaccine experiment would have human rights, was once labeled a wild conspiracy theory — but we are now heading into that dangerous territory.
WeWork said on Friday it has agreed to go public through a merger with blank-check firm BowX Acquisition Corp, enabling the office-sharing company to complete a stock market listing two years after its failed first attempt.
