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Trump’s Truth Social struggles as Reddit soars

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Former President Donald Trump’s Truth Social platform finds itself in sharp contrast to the success witnessed by Reddit, which recently celebrated a triumphant IPO.

KEYPOINTS:

  • Sharp Decline in DWAC Stock: Following shareholder approval of the merger between Digital World Acquisition Corp. (DWAC) and Trump’s social media company, DWAC shares plummeted nearly 14%.

  • Financial Concerns: There are concerns about Trump Media & Technology Group’s ability to generate revenue, with reported losses of nearly $50 million and minimal revenue in recent financial quarters.

  • Legal Troubles: Trump faces significant civil judgments exceeding half a billion dollars and mounting legal bills from multiple cases.

While Trump exclaims his adoration for Truth Social, investors appear less enamored, as reflected by a significant downturn in stock price following the merger vote with Digital World Acquisition Corp.

The merger, initially met with optimism as DWAC shares soared to a 52-week high, has now faced a harsh reality check.

Shareholder approval precipitated a nearly 14% plunge in DWAC stock, signaling potential challenges ahead for Trump’s majority stake in the newly formed Trump Media.

With DWAC shares closing at $36.94, concerns linger regarding the platform’s ability to generate substantial revenue, compounded by Trump’s mounting legal troubles.

Donald Trump started the Truth Social media network after he was banned from Twitter, following the January 6 attack on the Capitol.

Financial viability

Despite Trump’s proclamation of affection for Truth Social, doubts persist regarding its financial viability.

Trump Media & Technology Group reported significant losses and minimal revenue in recent financial quarters, casting shadows over its long-term prospects.

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

Trump’s legal battles, including civil judgments exceeding half a billion dollars, raise questions about his ability to navigate the company’s financial affairs.

The six-month restriction on Trump’s ability to sell shares offers a temporary respite, but the potential for an early lift on this restriction poses further uncertainties.

Trump’s involvement, coupled with the composition of the new board of directors, including his son Donald Trump Jr., underscores the intricate intersection between business interests and legal entanglements.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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SoftBank plans acquisition of DigitalBridge for AI expansion

SoftBank advances towards acquiring DigitalBridge to boost AI infrastructure amid soaring global data center demand

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SoftBank advances towards acquiring DigitalBridge to boost AI infrastructure amid soaring global data center demand

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In Short:
– SoftBank may acquire DigitalBridge to enhance its AI infrastructure amid rising global data centre demand.
– The deal could control $108 billion in digital assets, with financial details yet to be disclosed.

SoftBank Group is reportedly in advanced talks to acquire DigitalBridge Group, a move that would dramatically expand the Japanese conglomerate’s control over critical AI infrastructure as global demand for data centres accelerates. The potential deal, which could be announced within days, would give SoftBank exposure to roughly $108 billion in digital infrastructure assets, including data centres, cell towers and fibre networks. While financial terms remain undisclosed, the talks are said to be at an advanced stage.

The acquisition fits squarely into founder Masayoshi Son’s renewed bet on artificial intelligence and computing capacity. DigitalBridge manages investments in major data centre operators such as Vantage Data Centers, Switch, DataBank and AtlasEdge, placing SoftBank at the centre of the infrastructure powering next-generation AI. The company is also a key participant in Stargate, a $500 billion private-sector AI initiative announced earlier this year, and recently agreed to buy ABB’s robotics division as part of its broader push into physical AI.

Intensifying competition

Markets have reacted strongly to the prospect of the deal, with DigitalBridge shares surging as much as 47% after the initial reports emerged. The rally highlights intensifying competition for data centre assets, as AI drives unprecedented demand for computing power. McKinsey estimates AI-related infrastructure spending could reach $6.7 trillion by 2030, while Goldman Sachs forecasts global data centre power consumption will rise 175% from 2023 levels by the end of the decade. If completed, the acquisition would mark SoftBank’s return to direct ownership of a major digital infrastructure platform at a pivotal moment in the AI race.


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Italy orders Meta to open WhatsApp to AI competitors

Italy orders Meta to allow rival AI chatbots on WhatsApp amid regulatory battle over market dominance

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Italy orders Meta to allow rival AI chatbots on WhatsApp amid regulatory battle over market dominance

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In Short:
– Italy’s antitrust authority requires Meta to allow access to rival AI chatbots on WhatsApp during an investigation.
– Meta plans to appeal the ruling, claiming it disrupts their system and questioning WhatsApp’s role as an AI service platform.

Italy’s antitrust authority has ordered Meta to allow competing AI chatbots access to WhatsApp, suspending rules that blocked rivals. The decision comes amid concerns that Meta’s policies could limit competition and harm consumers in the rapidly growing AI services market. Meta plans to appeal, calling the ruling “fundamentally flawed” and arguing that WhatsApp wasn’t designed to support third-party AI chatbots.

The Italian Competition Authority began investigating Meta after its March 2025 launch of Meta AI on WhatsApp, later expanding the probe to cover updated business terms that excluded rival AI providers, such as ChatGPT, Microsoft Copilot, and Perplexity. The European Commission has launched a parallel investigation, highlighting growing regulatory scrutiny on tech giants in Europe.

Europe’s stricter stance on Big Tech has sparked pushback from the industry and political figures in the U.S., including former President Donald Trump. Meta maintains that its Business API restrictions still allow AI for customer support and order tracking, but says general-purpose chatbot distribution falls outside its intended use.


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China’s maglev breakthrough hits 700 km/h in seconds, reshaping the future of transport

China sets world record with maglev train hitting 700 km/h in just two seconds, revolutionising ultra-high-speed transport

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China sets world record with maglev train hitting 700 km/h in just two seconds, revolutionising ultra-high-speed transport

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In Short:
– Chinese researchers set a world record, accelerating a test vehicle to 700 km/h in two seconds.
– This milestone positions China as a leader in ultra-high-speed maglev technology and future transport developments.

China has set a new world record in magnetic levitation technology after accelerating a ton-class superconducting maglev test vehicle to 700 kilometres per hour in just two seconds. The achievement, reported by state broadcaster CCTV, marks the fastest acceleration ever recorded for an electric maglev system and cements China’s position at the forefront of ultra-high-speed transport innovation.

The test was conducted by researchers at the National University of Defense Technology on a 400-metre track, where footage showed the vehicle flashing across the rail-like structure in a blur, leaving a misty trail behind it. The breakthrough follows more than a decade of research tackling complex challenges such as ultra-high-speed electromagnetic propulsion, electric suspension guidance systems, and high-field superconducting magnets, all of which are critical to stable travel at extreme speeds.

Hyperloop technology

Beyond headline-grabbing velocity, the milestone opens the door to future transport systems, including vacuum-tube maglev networks, commonly referred to as hyperloop technology. Scientists say the same advancements could also be applied to aerospace launch assistance, electromagnetic launch systems, and advanced experimental testing. According to Professor Li Jie from the National University of Defense Technology, the successful trial will significantly accelerate China’s research into frontier technologies, with future work focusing on pipeline-based high-speed transport and aerospace equipment testing.

While China now leads in superconducting maglev acceleration, global competition remains fierce. Japan still holds the record for the fastest manned train, with its L0 Series maglev reaching 603 kilometres per hour during testing in 2015. China, however, operates the world’s only commercial maglev service — the Shanghai Maglev — which currently runs at 300 kilometres per hour after its top speed was reduced from 431 kilometres per hour in 2021.

The December test builds on earlier progress made this year, including a 1.1-ton test sled that reached 650 kilometres per hour in seven seconds over a 600-metre track in June 2025. Together, these developments signal rapid momentum in China’s push toward next-generation transport systems that could redefine how people and payloads move across the planet.


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