Tag: Donald Trump

TikTok deal talks with China to begin next week - Trump
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Trump withdraws US from global corporate tax agreement

President Donald Trump on Monday issued a memorandum declaring that the global corporate minimum tax agreement, negotiated by the Biden administration with nearly 140 countries in 2021, would have “no force or effect” in the United States. In doing so, Trump effectively withdrew the U.S. from the landmark deal. The memorandum also directed the U.S. […]

TikTok deal talks with China to begin next week - Trump
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Bezos, Zuckerberg, Pichai join Trump at Inauguration

A group of tech billionaires and influential figures in Donald Trump’s orbit gathered for his inaugural celebrations, which kicked off with a church service on Monday morning. Among those seen taking prominent seats at St. John’s Church were Amazon founder Jeff Bezos, Meta CEO Mark Zuckerberg, Apple CEO Tim Cook, and Google CEO Sundar Pichai. […]

TikTok deal talks with China to begin next week - Trump
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Trump’s crypto coin surges to $9bn market cap ahead of inauguration

Donald Trump’s newly launched cryptocurrency, $TRUMP, soared to unprecedented heights on Monday, reaching a market capitalization of $9.2 billion just hours before the U.S. President-elect’s return to the White House. The meme coin surged 73% during Asian trading hours, hitting $46.06, with a staggering 24-hour trading volume of $42.2 billion, according to CoinMarketCap. The digital […]

Trump escalates trade war with 200% tariff on European alcohol
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Trump lunches cryptocurrency before White House return

United States President-elect, Donald Trump has launched his own cryptocurrency, $Trump, which quickly surged in market capitalization to several billion dollars. The release of the meme coin comes just as he prepares to take office on Monday as the 47th president of the US. The venture was coordinated by CIC Digital LLC, an affiliate of […]

Trump escalates trade war with 200% tariff on European alcohol
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Trump announces $20bn foreign investment to build US data centers

President-elect Donald Trump announced a $20 billion foreign investment to build new data centers across the U.S. on Tuesday. Emirati billionaire Hussain Sajwani, a Trump associate and founder of DAMAC Properties, pledged “at least” that amount during the announcement at Mar-a-Lago. “They may go double, or even somewhat more than double, that amount of money,” […]

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Stock surge to record highs after Trump’s victory

United States stocks surged to record highs on Wednesday following Donald Trump’s surprising victory in the 2024 presidential election. The win fueled optimism among investors, who anticipated pro-business policies like tax cuts, deregulation, and a president who is outspoken on economic issues, according to Reuters. This led to significant gains across major stock indices, including […]

Trump escalates trade war with 200% tariff on European alcohol
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Donald Trump expresses support for TikTok amid ban threats

Republican presidential candidate Donald Trump expressed his support for TikTok amidst looming threats of a potential ban if Chinese parent company ByteDance fails to divest its U.S. assets for the short video app. In an interview with Bloomberg BusinessWeek posted Tuesday, Trump emphasized the importance of competition, stating, “I’m for TikTok because you need competition. […]

Trump Media to raise $2.5bn for bitcoin investment
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Trump’s net worth falls to $1B as Truth Social shares sink

Donald Trump saw a staggering $1 billion decrease in his net worth following a 21% drop in shares of his social media endeavor, prompted by the lackluster revenue performance of Truth Social, the platform he launched. The filing revealed that Trump Media & Technology Group incurred losses surpassing $58 million in 2023. This revelation rattled […]

Trump returns to X, uploads mugshot
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Trump returns to X, uploads mugshot

The former president, Donald Trump has made a comeback to the social networking platform X, formerly known as Twitter, on Thursday, with a post that included a photo of his booking photo from the Fulton County Jail in Georgia earlier in the day. With his message for funds, Trump regained direct access to the public […]

X to offer paid users xAI chatbot - Musk
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Twitter deal on hold, says Elon Musk

Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he wrote on Twitter. Musk, the world’s richest man […]