US stocks: Trump Media considers turning Truth Social into a publicly traded company, reports wider annual loss

Trump Media & Technology Group, founded by US President Donald Trump, is considering converting its social media platform Truth Social into a publicly traded company. The company is in discussions with TAE Technologies and Texas Ventures Acquisition III about the proposed transaction, the company said Friday. Under the proposal, shares ‌in the ⁠spin-off company⁠ would […]