this post was submitted on 22 Apr 2024
139 points (93.2% liked)

News

23649 readers
2621 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Former President Donald Trump is on the cusp of scoring a major financial bonanza – at least on paper.

As long as Trump Media & Technology Group’s share price doesn’t spectacularly implode before Tuesday’s closing bell, Trump is on track to receive another 36 million shares as the owner of Truth Social.

This milestone is on track to be hit after the market closes on Tuesday.

Even though Trump Media is losing money and Truth Social is very tiny, those new shares Trump is in line to receive would be valued at about $1.3 billion at current prices.

Trump’s net worth has been on a roller coaster ride ever since his social media company finalized its deal to go public late last month. The former president is the dominant shareholder in a stock that has been called a “meme stock on steroids.”

you are viewing a single comment's thread
view the rest of the comments
[–] athos77@kbin.social 105 points 8 months ago (6 children)

"meme stock on steroids" aka "a way to launder money to trump". Just like the fake NFTs, the sneakers, bibles and all the other bullshit.

[–] tsonfeir@lemm.ee 33 points 8 months ago (3 children)

Trump is just a meme of capitalism. The stock market is just a front to launder money, and control people.

[–] JoeBigelow@lemmy.ca 20 points 8 months ago (2 children)

It's crazy how apparent and in the open this all is and is just the "this is fine" meme

[–] 4grams@awful.systems 5 points 8 months ago (1 children)

I’m convinced it’s the same “fuck you get mine” mentality that it always has been. turnip just is showing them how to play the game. these clownshoes all think they can be the next one to cheat their way to the top. new american dream everyone.

[–] tsonfeir@lemm.ee 2 points 8 months ago

Maybe this is why I’m not a billionaire. I’ve never been good at cheating the system.

load more comments (2 replies)