Topic: corporate merger
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Trump Media Merges With Fusion Power Firm in $6B+ Deal
Trump Media and Technology Group (TMTG) is merging with TAE Technologies in a multi-billion dollar deal to enter the commercial fusion energy sector, citing rising global electricity demand. The merger combines TMTG's digital media assets and financial resources with TAE's decades of fusion resea...
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Trump Media Merges with Nuclear Fusion Firm
Trump Media, parent of Truth Social, is merging with a nuclear fusion firm to form a new entity valued over $6 billion, marking a dramatic pivot from social media to advanced energy. The merged company, led by Donald Trump Jr. on its board, plans to break ground on a utility-scale fusion power pl...
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Substack Takes Over CBS News in Surprise Move
Paramount has acquired The Free Press and appointed its founder Bari Weiss as the new editor-in-chief of CBS News, marking a significant strategic shift for the network. Bari Weiss brings a journalism background from The Wall Street Journal and The New York Times, where she focused on conservativ...
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SpaceX Proposes 1 Million Solar-Powered Satellite Data Centers
SpaceX has proposed launching up to one million solar-powered satellites to create orbital data centers, aiming to meet the surging computational demands of artificial intelligence with abundant space-based solar energy. The unprecedented scale of this constellation raises major concerns about sp...
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