U.S. regulators investigating Trump SPAC deal to make new social media venture public
CBSN
Regulators are asking questions about the deal to bring Donald Trump's new social media company to the stock market, one that has attracted both legions of fans of the former president and people looking to make a quick profit.
The company partnering with Trump Media & Technology Group acknowledged the inquiries in a filing it made with regulators on Monday. It also gave some financial forecasts for the company, which is hoping to rival Twitter and other platforms that banned Trump, along with Netflix and other streaming video services.
Digital World Acquisition, which is often referred to by its trading symbol of "DWAC," said it is cooperating with "the preliminary, fact-finding inquiries" by the Financial Industry Regulation Authority and the Securities and Exchange Commission.
Pennsylvania was a pivotal state in the 2020 presidential election, sealing Joe Biden's victory over Donald Trump after four days of vote counting. So it's no surprise the Keystone State is again front and center this election cycle, with both Vice President Kamala Harris and former President Donald Trump investing time and resources there ahead of Election Day.
Reporter killed in restaurant she owns hours after journalist shot dead in separate attack in Mexico
The U.N. human rights office in Mexico said Wednesday journalists in Mexico need more protection, after gunmen killed a journalist whose Facebook news page covered the violent western Mexico state of Michoacan. Then less than 24 hours later an entertainment reporter in the western city of Colima was killed inside a restaurant she owned.