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Trump Social Media Blows Deadline, Still Claims $1 Billion Commitment From Secret Investors

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Trump social media blow deadline

Donald Trump’s new social media venture announced Saturday it has won a commitment for $1 billion from an unidentified “diverse group of institutional investors” — even though his operation missed a partial launch deadline last month.

Trump’s Truth Social media venture was supposed to launch an invitation-only beta test version of the social media site last week, but it didn’t happen. It still only exists as a largely promotional website (with a waiting list) six weeks after Trump announced the venture.

CNBC called the deadline the first “test” of whether Trump could deliver what he promised.

The share price of Digital World Acquisition Corp. (DWAC) — the SPAC company that plans to merge with the former president’s Trump Media & Technology Group Corp. (TMTG) — has dropped dramatically since skyrocketing after the former president first announced the project.

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U.S. appeals court affirms hold on Biden COVID-19 vaccine mandate

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Appeals Ct. upholds ban  on Viden mandateA U.S. appeals court on Friday upheld its decision to put on hold an order by President Joe Biden for companies with 100 workers or more to require COVID-19 vaccines, rejecting a challenge by his administration.

A three-member panel of the 5th U.S. Circuit Court of Appeals in New Orleans affirmed its ruling despite the Biden administration's position that halting implementation of the vaccine mandate could lead to dozens or even hundreds of deaths.

"The mandate is staggeringly overbroad," the opinion said.

"The mandate is a one-size-fits-all sledgehammer that makes hardly any attempt to account for differences in workplaces (and workers)," Circuit Court Judge Kurt Engelhardt wrote for the panel.

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Biden administration asks Supreme Court to block Texas abortion ban

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Biden administration asks SCOTUS to block Texas abortion ban

The Biden administration has asked the Supreme Court to take emergency action that would block Texas’ novel abortion ban from being enforced while litigation over its constitutionality goes forward.

The Justice Department’s new filing, submitted Monday, asks the justices to restore a preliminary injunction a federal district court judge in Texas issued earlier this month after concluding that the law violates longstanding legal precedent by seeking to ban abortions after about six weeks gestation.

“Allowing S.B. 8 to remain in force would irreparably harm those interests and perpetuate the ongoing irreparable injury to the thousands of Texas women who are being denied their constitutional rights,” acting Solicitor General Brian Fletcher wrote in the 39-page application. “Texas, in contrast, would suffer no cognizable injury from a preliminary injunction barring enforcement of a plainly unconstitutional law.”

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AT&T Is Funding Right-Wing Conspiracy Network OAN, Reuters Reports

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AT&T

The world’s largest communications company has been bankrolling a right-wing conspiracy network, an investigation by Reuters revealed.

The damning Reuters report, published Wednesday, shows that AT&T helped fund and create One America News ― a right-wing network famous for its fawning coverage of former President Donald Trump, and for spreading lies about the 2020 presidential election that Trump lost.

Without AT&T’s $250 million offering, OAN’s value “would be zero,” according to an accountant’s court testimony obtained by Reuters. More from the publication:

OAN founder and chief executive Robert Herring Sr has testified that the inspiration to launch OAN in 2013 came from AT&T executives.

“They told us they wanted a conservative network,” Herring said during a 2019 deposition seen by Reuters. “They only had one, which was Fox News, and they had seven others on the other [leftwing] side. When they said that, I jumped to it and built one.”

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Grisham: Graham 'was using Trump to mop up the freebies like there was no tomorrow'

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Graham used Trump to mop up freebiesFormer White House press secretary Stephanie Grisham took on Sen. Lindsey Graham (R-S.C.) in her new book, writing that the veteran lawmaker “was using Trump to mop up the freebies like there was no tomorrow.”

Grisham in her new book “I’ll Take Your Questions Now,” set to be released on Tuesday, writes that Graham would use the president to receive free rounds of gold, food and access to celebrities.

“It struck me that he was using Trump to mop up the freebies like there was no tomorrow (seems that he still is). He would show up at Mar-a-Lago or Bedminster to play free rounds of golf, stuff his face with free food, and hang out with Trump and his celebrity pals,” Grisham writes, according to Insider, which obtained a copy of the book.

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Cohen took out lines of credit for as much as $774K during campaign

ichael CohenTrump’s personal lawyer Michael Cohen gained access to roughly $774,000 through two financial transactions during...

13 Russians Indicted For Allegedly Interfering in Elections

Mueller'd grand jury indcts 13 Russians for election telegram Special Counsel Robert Mueller's office said Friday that a grand jury indicted 13 Russian nationals and...

Attorney General Jeff Sessions mulls firing Andrew McCabe

Sessions mulls firing McCabe before retirement Attorney General Jeff Sessions is reportedly considering firing former FBI Deputy Director Andrew McCabe, just days...

Trump lists immigration demands that could derail 'Dreamers' deal

Trump immigration demands threaten Dreamers President Donald Trump laid out his immigration principles for Capitol Hill on Sunday — a list...
 
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