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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 返回 元平台 (NASDAQ: META) 臉書和推特可能導致他自己的特朗普媒體與技術集團的抵押損害, 該集團將通過與合併來上市 數字世界收購公司 (納斯達克:天).
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.
發生了什麼事: RollingStone 報導,特朗普告訴幾個人,他不想與他的社交媒體公司續訂「社交媒體獨家術語」,援引了兩個熟悉此事的人。
"There's not going to be a need for that," said Trump, according to one source, reported RollingStone.
根據一位消息人士報導,特朗普說:「不需要這樣做。」
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.
據報,該合同要求他首先將任何和所有社交媒體通信引導到他的真相社交帳戶六個小時,然後再發布到其他平台。
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.
為什麼它很重要: RollingStone 指出,特朗普與 TMTG 擁有的真相社會的排他性合同正在進行更新,正如共和黨初選正在沸騰一樣。
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.
據報導,除非給出通知,否則該合同將續簽六個月,但是,如果排他性期限到期,前總統仍然「需要同時發佈到 Truth Social。
Trump said there's an "expiration date" and he "didn't want to make commitments," a source told RollingStone.
特朗普說,有一個「到期日」,他「不想做出承諾」,一位消息人士告訴羅林斯通。
Trump's agreement with Truth Social gives him more leeway regarding his political messages, fundraising, and vote-garnering efforts, according to the report.
據報導,特朗普與真相社會達成協議使他在政治信息,籌款和投票工作方面有更多的餘地。
The return of Trump to Facebook and Twitter has been discussed by the former U.S. leader for weeks.
前美國領導人已經討論了特朗普返回臉書和推特的幾個星期。
His campaign has reportedly asked Meta for a meeting to "discuss President Trump's prompt reinstatement to the platform."
據報導,他的競選活動要求梅塔(Meta)舉行一次會議,以「討論特朗普總統迅速恢復該平台」。
Price Action: On Friday, Digital World shares closed 0.3% higher at $15.66, according to data from Benzinga Pro.
價格行動: 據本辛加臨的數據顯示,上週五,數字世界股價收盤 0.3%,報 15.66 美元。
Read Next: Janet Yellen Says IRS 'Needs To Be Completely Redone' And It's A 'Big Task'
閱讀下一頁: 珍妮特·耶倫(Janeet Yellen)說國稅局「需要完全退還」,這是一項「大任務」
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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