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Trump Media bets on fusion energy with $6 billion TAE deal
Dec 18 (Reuters) – U.S. President Donald Trump is getting into the fusion power business through a $6 billion merger of his social media firm and Google-backed TAE Technologies, announced just days after industry leaders met with U.S. Energy Department representatives to urge federal funding. The all-stock deal announced on Thursday is an ambitious bet […]
With its stock in sharp decline, Trump’s media company will buy $400 million of its own shares
NEW YORK (AP) — President Donald Trump’s media company plans to buy back up to $400 million of its stock, which have lost 46% of their value this year. Trump Media and Technology Group, which operates the Truth Social media platform, said Monday that the acquisition will improve its financial flexibility. It will retire the […]
