Former President Donald Trump’s social media company, Trump Media, is set to award him $1.3 billion worth of shares. This would increase his stake in the company to $4.1 billion. However, the valuation of Trump Media remains questionable, raising doubts about the true value of Trump’s shares. Despite its recent drop in value, the company still has a market capitalization of $4.9 billion.
Results for: Social Media
Former President Donald Trump has accused President Joe Biden of pushing for a ban on TikTok and warned of potential consequences for younger voters. The House of Representatives passed a bill that would give ByteDance, TikTok’s Chinese owner, nine months to divest its U.S. operations or face a ban. If the bill passes the Senate, Biden has indicated he will sign it into law. TikTok has argued that a ban would violate First Amendment rights, and the White House has stated it prefers to ensure American ownership of the app to protect sensitive data. Trump has suggested that a TikTok ban would benefit Facebook, whose parent company Meta he has criticized.
Former President Donald Trump has criticized President Joe Biden for pushing for a ban on TikTok, urging voters to take notice of his stance on the issue. The U.S. House of Representatives passed legislation giving ByteDance, TikTok’s Chinese owner, nine months to divest its U.S. operations or face a ban. Biden has stated he would sign the bill if it passes the Senate. Trump argues that Biden is responsible for the potential ban, accusing him of acting in the interests of Facebook. TikTok has denied sharing U.S. user data with China and intends to challenge the legislation in court. The White House aims to ensure TikTok is owned by an American company to protect data and prevent manipulation by China.
Billionaire Elon Musk, owner of social media platform X, criticized Australian Prime Minister Anthony Albanese over the platform’s handling of violent content. Following a stabbing incident at a Sydney church, Australian authorities ordered X to remove certain videos depicting graphic violence. Musk defended X as a platform for free speech, while Albanese emphasized the dangers of spreading misinformation. X has complied with the removal order within Australia but is challenging the global takedown request, arguing it violates the principles of a free and open internet.
A Russian military court has sentenced Meta spokesperson Andy Stone in absentia to six years in prison for “publicly defending terrorism.” Stone is accused of promoting extremist activity after Meta lifted a ban on calls for violence against the Russian military on its platforms. Stone has denied the charges and plans to appeal the sentence.
Former President Donald Trump has condemned President Joe Biden for supporting legislation that could ban TikTok in the United States. The bill, which passed the House as part of a larger foreign aid package, would force TikTok’s parent company, ByteDance, to sell the app within a year or face a ban. Trump claims that the ban is being pushed by Facebook to benefit the social media giant. He warned young voters to remember Biden’s role in the potential ban come Election Day.
DIIV is taking music promotion back to websites by sharing the title track from their upcoming album “Frog In Boiling Water” exclusively on their website. The track is a disorienting and mysterious experience, featuring cryptic images and links that don’t make immediate sense. According to the band’s statement, the title track is “a snapshot from a world collapsing under its own weight,” where atrocities and suffering are rampant due to the ills of capitalism. DIIV’s previous comments on the album indicate that it explores the gradual and overwhelming collapse of society in the face of late-stage capitalism.
Netflix is seeking suggestions from the public on who should roast Tom Brady in an upcoming special titled ‘G.R.O.A.T.: The Greatest Roast Of All Time.’ The seven-time Super Bowl champion will be center stage at the roast hosted by Kevin Hart, which will stream live on Netflix on May 5.
All Saints Catholic College in London is implementing a 12-hour school day to address the issue of excessive mobile phone use among students. Headteacher Andrew O’Neil believes the extended hours will reduce screen time and provide alternative activities to enhance students’ well-being and engagement.
The Indore bench of Madhya Pradesh High Court has ordered the police to consider and act on a complaint filed by Congress leader Aminul Khan Suri against state minister Kailash Vijayvargiya. Suri alleges that Vijayvargiya posted a communal message on social media in 2020. The HC directed the Tilaknagar police station in Indore to review the complaint and take appropriate action within 90 days.