The establishment media have air-balled yet another big story with regard to former President Donald Trump as the merger between a SPAC and the company behind Trump’s Truth Social social media platform was approved Friday despite nonstop predictions the past couple years that this would not happen.
Digital World Acquisition Corp. (DWAC) stockholders overwhelmingly voted to extend the deadline for its merger agreement with Trump Media & Technology Group Corp (TMTG) that would unlock millions in financing for former President Donald Trump’s Truth Social.
The Chinese government on Wednesday approved a merger of rare earth companies to form what the state propaganda newspaper Global Times described as a “behemoth” corporation, powerful enough to control the global supply chain for the vital minerals.
The FTC has alleged that hundreds of deals made by tech giants like Facebook and Google were not reviewed by merger watchdogs, fueling the companies’ unchecked growth. Events like gaining voting control of rivals, buying patents, and outright buyouts of small tech companies are a key part of the arsenal used by the largest Big Tech companies to maintain their stranglehold over the internet.
Verizon Media will get a minority stake in BuzzFeed as a result of the tie-up, the Wall Street Journal reported.
AT&T CEO Randall Stephenson raked in a more than $29 million salary last year while nearly 12,000 American workers at the telecom multinational corporation have been laid off since the 2017 tax cut.
A plan to merge T-Mobile and Sprint, two billion dollar wireless conglomerates, will result in the loss of nearly 29,000 American jobs, a report by the leading union for communication workers reveals.
A deal several years in the works may finally be happening if government regulators do not prevent the massive $26.5 billion merger of major wireless providers T-Mobile and Sprint.
