'This is weird and murky.' Trump SPAC deal values firm at more than $10 billion despite red flags
CNN
Former President Donald Trump's new media venture has no known revenue or product.
Trump Media & Technology Group (TMTG) posted an investor presentation last week that appears to contain errors and seems to have been partially copy copied and pasted from the internet. Bizarrely, one slide defines a user as a "sales representative who travels to visit customers," a definition that makes little sense given that this is a media company, not a sales platform.
TMTG's incoming CEO, Republican Congressman Devin Nunes, has no business experience in technology or social media. And federal regulators are investigating the deal to bring the media venture public.
Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.