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Trump's Return to Facebook, Twitter Could Reportedly Mess Up Truth Social Exclusivity Contract
Trump's Return to Facebook, Twitter Could Reportedly Mess Up Truth Social Exclusivity Contract
Donald Trump's return to Meta Platforms Inc's (NASDAQ:META) Facebook and Twitter could lead to collateral damage to his own Trump Media & Technology Group, which is set to go public via a merger with Digital World Acquisition Corp (NASDAQ:DWAC).
What Happened: Trump has told several people that he doesn't want to renew a "social media exclusivity term" with his social media firm, reported RollingStone, citing two persons familiar with the matter.
"There's not going to be a need for that," said Trump, according to one source, reported RollingStone.
The contract reportedly requires him to first channel any and all social media communications to his Truth Social account for six hours before posting to other platforms.
Why It Matters: Trump's exclusivity contract with Truth Social, which is owned by TMTG, is up for renewal in June just as Republican primaries are on the boil, noted RollingStone.
The contract will reportedly renew for a six-month period unless notice is given, however, if the exclusivity term expires the former president is still "required to post contemporaneously to Truth Social.
Trump said there's an "expiration date" and he "didn't want to make commitments," a source told RollingStone.
Trump's agreement with Truth Social gives him more leeway regarding his political messages, fundraising, and vote-garnering efforts, according to the report.
The return of Trump to Facebook and Twitter has been discussed by the former U.S. leader for weeks.
His campaign has reportedly asked Meta for a meeting to "discuss President Trump's prompt reinstatement to the platform."
Price Action: On Friday, Digital World shares closed 0.3% higher at $15.66, according to data from Benzinga Pro.
Read Next: Janet Yellen Says IRS 'Needs To Be Completely Redone' And It's A 'Big Task'
Donald Trump's return to Meta Platforms Inc's (NASDAQ:META) Facebook and Twitter could lead to collateral damage to his own Trump Media & Technology Group, which is set to go public via a merger with Digital World Acquisition Corp (NASDAQ:DWAC).
唐纳德·特朗普的 返回 元平台公司 (纳斯达克股票代码:META)Facebook和Twitter可能会对他自己的特朗普媒体与技术集团造成附带损害,该集团将通过与之合并上市 数字世界收购公司 (纳斯达克股票代码:DWAC)。
What Happened: Trump has told several people that he doesn't want to renew a "social media exclusivity term" with his social media firm, reported RollingStone, citing two persons familiar with the matter.
发生了什么: RollingStone援引两位知情人士的话报道,特朗普告诉几位人,他不想续延与社交媒体公司的 “社交媒体独家经营期限”。
"There's not going to be a need for that," said Trump, according to one source, reported RollingStone.
据RollingStone报道,一位消息人士称,特朗普说:“没有必要这样做。”
The contract reportedly requires him to first channel any and all social media communications to his Truth Social account for six hours before posting to other platforms.
据报道,该合同要求他首先将所有社交媒体通信引导到他的Truth Social账户六个小时,然后再发布到其他平台。
Why It Matters: Trump's exclusivity contract with Truth Social, which is owned by TMTG, is up for renewal in June just as Republican primaries are on the boil, noted RollingStone.
为什么重要: RollingStone指出,特朗普与TMTG旗下的Truth Social的独家经营合同将于6月续约,而共和党初选正在进行中。
The contract will reportedly renew for a six-month period unless notice is given, however, if the exclusivity term expires the former president is still "required to post contemporaneously to Truth Social.
据报道,除非发出通知,否则该合同将续订六个月,但是,如果独家经营期限到期,前总统仍必须 “同时向Truth Social发帖”。
Trump said there's an "expiration date" and he "didn't want to make commitments," a source told RollingStone.
一位消息人士告诉RollingStone,特朗普说有 “到期日”,他 “不想做出承诺”。
Trump's agreement with Truth Social gives him more leeway regarding his political messages, fundraising, and vote-garnering efforts, according to the report.
报告称,特朗普与Truth Social的协议为他在政治信息、筹款和争取选票工作方面提供了更大的回旋余地。
The return of Trump to Facebook and Twitter has been discussed by the former U.S. leader for weeks.
这位前美国领导人已经讨论了特朗普重返Facebook和Twitter的问题已有数周了。
His campaign has reportedly asked Meta for a meeting to "discuss President Trump's prompt reinstatement to the platform."
据报道,他的竞选活动要求 Meta 开会,以 “讨论特朗普总统立即恢复该平台的问题”。
Price Action: On Friday, Digital World shares closed 0.3% higher at $15.66, according to data from Benzinga Pro.
价格走势: Benzinga Pro的数据显示,周五,数字世界股价收盘上涨0.3%,至15.66美元。
Read Next: Janet Yellen Says IRS 'Needs To Be Completely Redone' And It's A 'Big Task'
继续阅读: 珍妮特·耶伦说国税局 “需要彻底重做” 这是一项 “艰巨的任务”
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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