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#dwa

0 posts0 participants0 posts today
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Public
Nonilex

#Trump’s allies & company execs will also be granted bundles of shares in the new company that could be worth millions. But trading on the #stockmarket will also open the company to more public scrutiny, & any drops in share prices would affect the value of those stakes.

Critics have said #TrumpMedia is a “#MemeStock” w/a >$6B valuation they say is out of sync w/its financial outlook. TrumpMedia lost $49M in the first 9 months of last yr & brought in just $3.4M in revenue, per #DWA #SEC filing.

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Public
Nonilex

The vote Fri by investors in #DWA authorized the #SPAC, to merge w/ #TrumpMedia & #Tech Grp as part of a process that will avoid a more traditional #IPO.

#Trump will own ~60%, which at DWA’s current share price would be worth ~$3.3B. He & other investors could earn tens of millions more shares through an “earnout” provision tied to the stock’s performance, DWA said in an #SEC filing.

The merger will net TrumpMedia $300M that DWA initially raised from investors.

#law#finance#SocialMedia
Continued thread
Public
Nonilex

After #Trump was booted from the #birdsite following the #Jan6, 2021, #insurrection, 3 men played pivotal roles in building & promoting #TrumpMedia as an online challenger [🤣] against the “cancel culture” of #BigTech: #AndyLitinsky & #WesMoss, fmr “Apprentice” contestants who co-founded the company & launched Truth Social; & #PatrickOrlando, who as chief exec of #DWA, a #SPAC [#BlankCheck], offered Trump’s company a path to investor #cash.

#law
masto.ai/@Nonilex/112130283180

1928 Poster of Hitler with tape on his Mouth Claiming he is Being Censored The text under the image translates to: “One alone out of 2000 Million humans on earth is not allowed to speak in Germany".
Public
Nonilex

#TrumpMedia, launched after an #insurrection, faces rebellion

4 suits involving the founding boosters of #TruthSocial threaten #Trump’s grasp on a massive financial haul

When #TMTG & its proposed merger ptr, #DWA, announced last month a shareholder vote on their long-delayed deal, it marked a final step for the owner of TS to become a public co potentially worth billions —most of which is *owned* [how much he can sell is limited] by Trump.

#law
washingtonpost.com/technology/

The Washington Post · Trump Media, launched after an insurrection, faces rebellion of its ownBy Drew Harwell
Public
Sasha Firsov

What is the difference between #DWA and #DCE - Declarative Web app & custom element?

Both can be loaded from external location or from embedded content. Both are side effect free. DWA can be instantiated multiple times, DCE is designed for the same. Both can be containers. The life cycle, loading priority, Hydration rules are same. All same.
App usually assumed to be self-sufficient and have own business use. WC is meant to be used in the context of another application along with other ones.

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Public
Sasha Firsov

@w3cdevs , The #DWA - Declarative Web Application stack would need the strict typing validation. The data type definition for the purpose of build-time and run-time validation would be one of W3C proposal.

The abstract data embedding is already on WICG discourse, but embedding itself is not sufficient. Browser would need to read the data schema and validate during data load.

discourse.wicg.io/t/proposal-u

WICG[Proposal] Unified access to external and embedded resourcesSVG images, script, and html content can be embedded into HTML, pre-loaded via LINK tag and included into DOM from external URI by specific tags. The same mechanism is not available for generic kind of resource. There is no legitimate way to embedd say font or JSON data declaratively into page and reuse by matching layer even if the layer allows to use embedded resources via # URI. For example the font from CSS. The image which is embedded into HTML and available over its ID is still unavaila...
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