Who needs VOA when there's Truth+
News on the return of Donald Trump's for-profit presidency
‘Trump Media takes streaming global as president slashes Voice of America’
For Forbes:
Trump Media & Technology Group (NASDAQ: DJT), the parent company of Truth Social—of which Trump owns 114.8 million shares—announced Monday it’s beta testing an international rollout of its streaming platform, Truth+, aiming to expand beyond North America.
Trump Media CEO and chairperson Devin Nunes said in a statement accompanying the news: “International viewers who want to get the other side of the story will soon have an easy opportunity to do so.”
The global push follows Trump’s March executive order slashing Voice of America’s parent company’s work to the “minimum...required by law,” with the White House labeling the outlet “the voice of radical America.”
Voice of America is the largest U.S. international broadcaster, reaching 354 million people a week in 50 languages, and is funded by Congress “to provide comprehensive coverage of the news and tell audiences the truth,” according to its website.
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‘Trump can keep serving booze in New Jersey—for now—under special new rules’
New Jersey granted temporary liquor permits to two of President Donald Trump’s golf clubs Monday—but is requiring alcohol profits be held in separate accounts and barring their payout to Trump’s companies—as the state’s investigation into whether his convictions disqualify the businesses from pouring enters its second year.
‘Why the stablecoin hype won't reach Americans’ wallets anytime soon’
With Trump’s World Liberty Financial in the stablecoin business, this piece by my colleague Jeff Kauflin provides some helpful insight on the overall market for the crypto currency:
From all this noise, it would seem like stablecoins are on the brink of disrupting mainstream payments everywhere. Yet that’s highly unlikely. When it comes to actual payments, consumers in developed economies like the U.S. lack incentives to adopt them in big numbers, and it’s unclear those incentives will ever surface. And domestic stablecoin payments don’t seem to be materially cheaper to process than the current system of card payments.
Read Jeff’s whole article at Forbes.
Other Trump Organization news
“Trump’s Finances Were Shaky. Then He Began to Capitalize on His Comeback.” by Russ Buettner for The New York Times
“Pharma Giant Roche Hires Trump to Sell Swanky Condo” by Russ Choma for Mother Jones
“Trump rips AT&T service weeks after Trump Mobile licensing deal announced” by Erin Doherty for CNBC
“Trump announces trade deal with Vietnam” by Emer Moreau for BBC
“Trump Hotel Pays $4.8 Million to Resolve Complaint Over Killing Fish in Chicago” by Miranda Davis and Tom Maloney for Bloomberg
On July 4th, the president’s only retail store sent out two email blasts. Which is atypical.
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