Medias

SEC charges Trump Media’s accounting firm with fraud – $14 million fine announced

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New York – The U.S. Securities and Exchange Commission (SEC) charged BF Borgers, the independent accounting firm for Trump Media & Technology Group, with widespread fraud, labeling it a “sham audit mill.” The allegations did not implicate Truth Social owner Trump Media, as the charges from the regulator focused solely on BF Borgers. The SEC accused BF Borgers of intentional and systemic failures, including falsifying audit documentation and misleading clients about compliance with accounting standards. …

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Short Sellers Strike Back: Trump Media’s Anti-Short Selling Campaign Backfires, Setting Stage for Stock Plummet

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New York, USA – The Trump Media anti-short selling campaign seems to have backfired as short sellers are taking advantage of the opportunity. Despite short sellers covering their positions in the $20 range, they are now re-entering the market as false claims of victory emerge. The campaign led by Trump Media to discredit short sellers and call for action from Nasdaq and Congress resulted in a swift rise in the stock price from the low …

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**Controversial Exhibition in Venice Explores the Themes of Art and Media’s Most Censored Subject**

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Venice, Italy- The exhibition “Breasts” at the 60th Venice Biennale delves into the enduring and multifaceted symbolism surrounding breasts in art and media. From ancient “Venus” figurines to contemporary interpretations, the portrayal of breasts as symbols of fertility, desire, motherhood, feminism, and controversy has evolved over thousands of years. Featuring artworks by renowned artists like Cindy Sherman, Robert Mapplethorpe, and Salvador Dalí, as well as emerging talents, the exhibition at Palazzo Franchetti aims to spark …

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Stock Manipulation Allegations Skyrocket as Nunes Challenges Biden’s Dig at Trump Media’s DJT Price Dive

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Scranton, Pennsylvania – Former Republican House representative Devin Nunes criticized President Joe Biden for referencing the stock price of Trump Media in a recent speech. Biden took a jab at Donald Trump, his opponent in the November election, during his remarks in Scranton, Pennsylvania. Trump Media’s stock, trading under the ticker DJT, experienced a sharp decline from its debut price, impacting Trump’s stake in the company. Nunes further elaborated on his belief that the drop …

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Trump Media’s Billion Dollar Plummet: What Happened and What’s Next

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NEW YORK, NY – Trump Media, the social media firm founded by former President Donald Trump, faced a significant setback on Monday as its stock plummeted over 21%, causing Trump’s net worth to drop by approximately $1 billion. Despite the sharp decline, Trump still holds a 57% stake in the company, valued at over $3 billion. The company, which recently went public through a merger with a shell company, has seen its stock price driven …

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Trump Media’s Shocking $58 Million Loss Revealed: Will Company Survive 2024?

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New York, USA – Shares of Trump Media & Technology Group, the owner of Truth Social, took a steep dive on Monday after revealing significant financial losses and minimal revenue for the year 2023. The disclosed numbers paint a grim picture, raising questions about the validity of Trump Media’s multibillion-dollar valuation, which some experts liken to the volatile meme stock frenzy. In a regulatory filing released on Monday, Trump Media disclosed a staggering loss of …

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Trump Media’s Stock Plummets by 25% as Company Reports $58 Million Loss, Endangers Trump’s $3.6 Billion Stake

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New York, New York – Donald Trump’s social media company, Trump Media & Technology Group, faced a significant setback as it reported a loss of over $58 million last year. The company, known for owning Truth Social, saw its stock value plummet by approximately 25 percent shortly after its highly-anticipated public debut valued the company at more than $8 billion. In a recent Securities and Exchange Commission filing, Trump Media disclosed that it only generated …

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**Reddit** IPO: OpenAI CEO Set to Make Fortune from Social Media’s Public Debut

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San Francisco, California – Reddit, the popular social media platform, is gearing up to make its stock market debut on the New York Stock Exchange in March. The company’s CEO, Sam Altman, is set to reap substantial financial gains from Reddit’s upcoming initial public offering (IPO). Altman, who currently serves as the CEO of OpenAI, a prominent artificial intelligence research lab, has a significant stake in Reddit. As the platform’s third-largest shareholder, Altman owns 4.5% …

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