SulaymanF

joined 1 year ago
[–] [email protected] 4 points 1 day ago

The internet always moves on; the most popular bulletin boards and usenet groups and web forums eventually fell and people moved away. Even Digg had a powerful following and heavy user traffic and due to Reddit style changes everyone left too. Reddit just as likely.

[–] [email protected] 4 points 3 days ago* (last edited 3 days ago)

It’s the faucet he read about on truth social, which means it’s real. There was even a picture of the faucet, and we all know those can’t be faked. /s

[–] [email protected] 1 points 3 days ago

It’s still a stupid idea. Taking the runoff from a mountain and pumping it thousands of miles is more expensive than getting water from natural aquifers locally. Heck, even building a local desalination plant and turning saltwater from the city’s coast is cheaper than this giant pipeline idea. There’s a reason NYC doesn’t need to build a pipe all the way from Niagara Falls.

[–] [email protected] 5 points 4 days ago

Poe’s Law of the internet.

[–] [email protected] 14 points 4 days ago

Zionism is a political philosophy. Israel is a secular political state. Judaism is a religion. Jewish is an ethnicity as well as followers of a religion.

One can support Jews and Judaism without supporting the rightwing Israeli government or the country. Millions of Jews worldwide already do.

Germany condemns Iran, does that mean they’re anti-Persian? No.

[–] [email protected] 2 points 1 week ago (1 children)

Likewise if you can pretend all history only started October 7 then you can make yourself sound like the victim. But we both know better, I assume?

[–] [email protected] 2 points 1 week ago (3 children)

“As long as Israel keeps bombing their country, they are going to retaliate.”

The cycle of violence continues.

[–] [email protected] 2 points 1 week ago

They actually offered leaks to US newspapers and they all refused to take it. They didn’t want to be attacked by Trump I guess.

Seems like a tactical error since in 2016 Russia just put up a website and dumped it there as well as giving it to Wikileaks.

[–] [email protected] 55 points 1 week ago

I’m sure there was a legitimate military purpose for tearing down posters of a victim like Shireen. /s

[–] [email protected] 23 points 1 week ago

Netanyahu doesn’t think that far ahead. He hopes to push these various groups into war, then he will cry that he’s being attacked for no reason and get Congress to throw tens of billions of dollars at him, and maybe swing the election to Trump as well.

[–] [email protected] 25 points 1 week ago

Trump on Saturday argued it was “too late” to have another presidential debate because Americans have begun casting their ballots in the 2024 election.

Trump has no idea who votes when. He’s just looking for an excuse to say no.

[–] [email protected] 42 points 1 week ago (2 children)

Trump on Saturday argued it was “too late” to have another presidential debate because Americans have begun casting their ballots in the 2024 election.

He has no clue when the election is and is looking for an excuse to say no. I’m sure a staffer told him this idea.

 

When former president Donald Trump’s media start-up announced in October 2021 that it planned to merge with a Miami-based company called Digital World Acquisition, the deal was an instant stock-market hit.


With the $300 million Digital World had already raised from investors, Trump Media & Technology Group, creator of the pro-Trump social network Truth Social, pledged then that the merger would create a tech titan worth $875 million at the start and, depending on the stock’s performance, up to $1.7 billion later.


All they needed was for the merger to close — a process that Digital World, in a July 2021 preliminary prospectus, estimated would happen within 12 to 18 months.

“Everyone asks me why doesn’t someone stand up to Big Tech? Well, we will be soon!” Trump said in a Trump Media statement that month.


Now, almost two years later, the deal faces what could be a catastrophic threat. With the merger stalled for months, Digital World is fast approaching a Sept. 8 deadline for the merger to close and has scheduled a shareholder meeting for Tuesday in hopes of getting enough votes to extend the deadline another year.


If the vote fails, Digital World will be required by law to liquidate and return $300 million to its shareholders, leaving Trump’s company with nothing from the transaction.


For Digital World, it would signal the ultimate financial fall from grace for a special purpose acquisition company, or SPAC, that turned its proximity to the former president into what was once one of the stock market’s hottest trades. Its share price, which peaked in its first hours at $175, has since fallen to about $14.



Digital World’s efforts to merge with Trump Media have been troubled almost from the start, beset by allegations that it began its conversations with the former president’s company before they were permitted under SPAC rules.


Then, in the past year, its issues became more pronounced: Its chief executive was terminated by the board, a former board member was arrested on charges of insider trading, and the company agreed to pay an $18 million settlement to resolve charges that it had misled investors and given false information to the Securities and Exchange Commission.


The merger has “been pretty much unprecedented in terms of all of the glitches,” said Jay Ritter, a University of Florida finance professor who studies stock markets. “The deal does seem to be running out of time. You can’t just keep getting extensions forever.”


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