Tech

Trump’s Truth Social: A $3.5 billion windfall awaits

Published

2 years ago

March 21, 2024

Trump’s nearly $3.5 billion windfall from his stake in Truth Social is poised to become a reality as supporters rally behind the social-media platform, driving up its value ahead of an expected stock market listing.

The journey of Truth Social, launched by Donald Trump in 2021, has been tumultuous, marked by significant losses and legal troubles. However, the platform has garnered attention as a potential challenger to mainstream social-media giants after Trump’s removal from platforms like Facebook and Twitter.

The shell company overseeing Truth Social’s public listing has seen a surge in its stock price, propelled by Trump’s loyal supporters.

This surge has led to a staggering $6 billion valuation for Truth Social, setting the stage for a lucrative payday for Trump.

Despite its rocky start, Truth Social’s parent company is set to go public through a merger with a special-purpose acquisition company.

Truth Social users compared to Twitter.

Stock market

Shareholders, predominantly Trump supporters, are expected to greenlight the merger on Friday, paving the way for Truth Social’s entry into the stock market.

However, Trump’s windfall comes with a caveat – he must hold onto his shares for six months following the public listing.

The potential financial boost could alleviate some of Trump’s financial concerns and provide a significant infusion of funds for his political endeavors.

The approval of the merger and subsequent listing of Truth Social could mark a turning point for the platform, positioning it as a viable alternative in the social-media landscape and potentially reshaping the dynamics of online discourse.

Tech

Ariane 64 takes flight carrying Amazon’s broadband satellites

Ariane 64’s maiden launch from French Guiana carries 32 Amazon satellites, starting 18 missions to enhance global broadband access.

Published

2 days ago

February 11, 2026

Harvey Vargas

Ariane 64’s maiden launch from French Guiana carries 32 Amazon satellites, starting 18 missions to enhance global broadband access.

Europe is entering a new spaceflight era as the Ariane 64 prepares for its maiden launch from French Guiana. The rocket, the most powerful ever developed in Europe, features four boosters and is capable of delivering more than 20 tonnes into low Earth orbit.

The launch window opens at 4:45 p.m. UTC and closes at 5:13 p.m. UTC, with the mission expected to last one hour and 54 minutes. During the flight, satellites will be deployed in pairs, marking a critical technical milestone for Europe’s space ambitions.

This first flight is a major test for the Ariane 6 program, setting the tone for future commercial and institutional launches from Europe’s space sector.

#SpaceLaunch #Ariane6 #AmazonSatellites #LEO #SpaceTech #BroadbandFromSpace #RocketScience #TickerNews

Tech

SpaceX shifts focus to Moon with ambitious Lunar City plans

Elon Musk shifts SpaceX focus from Mars to a 2027 Moon landing, merging with xAI for AI satellite networks.

Published

3 days ago

February 10, 2026

Harvey Vargas

Elon Musk shifts SpaceX focus from Mars to a 2027 Moon landing, merging with xAI for AI satellite networks.

Elon Musk has set his sights closer to home—literally. SpaceX is now prioritizing the creation of a self-sustaining city on the Moon within the next decade. The ambitious plan marks a major shift from previous Mars-focused strategies, aiming for an uncrewed Starship landing as early as 2027 to support NASA’s Artemis program.

This pivot comes as SpaceX merges with Musk’s xAI, combining the companies into a massive $1.25 trillion valuation. Musk believes the Moon offers practical advantages for launches, making it a more strategic stepping stone for humanity’s future in space.

Alongside lunar ambitions, SpaceX is also developing satellite networks to back AI technologies in orbit. Despite the excitement, NASA’s Artemis program has faced delays, pushing the first crewed lunar flight to March due to technical issues.

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Tech

Claude AI is transforming software engineering and productivity

Anthropic’s Claude AI now manages coding tasks, boosting productivity by 50% as engineers shift to oversight roles.

Published

4 days ago

February 9, 2026

Harvey Vargas

Anthropic’s Claude AI now manages coding tasks, boosting productivity by 50% as engineers shift to oversight roles.

Anthropic has confirmed that its AI, Claude, now handles almost all coding tasks at the company. Engineers are shifting from writing code to oversight and planning, marking a major change in how software development teams operate.

Users report a productivity boost of 50 percent since implementing Claude, highlighting the potential of AI to reshape workflows and day-to-day operations. The shift raises questions about the balance between human oversight and automated code generation.

The move has also affected markets, with shares of Indian IT services companies falling as investors assess the impact on traditional tech roles. Industry leaders stress that while AI can generate code, human input remains crucial for design, review, and strategic decision-making.

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