Post B1NNPvSyUI0eL9Z48e by Nonilex@masto.ai
(DIR) More posts by Nonilex@masto.ai
(DIR) Post #B1NNPvSyUI0eL9Z48e by Nonilex@masto.ai
2025-12-18T14:45:50Z
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#Trump is getting into the #fusion #power business through a $6 billion merger of his social media firm & #Google backed #TAE technologies, just days after industry representatives urged #federal #funding.The all-stock deal announced Thursday is a bet on the power boom spurred by #ArtificialIntelligence #datacenters & adds to the Trump family's growing roster of ventures very much connected to his presidency from cryptocurrency to mobile services.#law #emoluments https://www.reuters.com/business/trump-media-tae-technologies-combine-6-billion-deal-2025-12-18/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
(DIR) Post #B1NNlC9PeN5YARYZGq by Nonilex@masto.ai
2025-12-18T14:49:41Z
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Shareholders of both companies will own about 50% of the combined entity after the deal closes in mid-2026. #Trump Media & Technology Group (DJT.O) will be the holding company for businesses including Truth Social platform, #TAE Power Solutions & TAE Life Sciences.#TrumpMedia shares jumped 33% in premarket trading, drawing traction on Stocktwits, a social media hub for retail investors. The money-losing company's stock has declined nearly 70% this year.#law #emoluments #PersonalEnrichment
(DIR) Post #B1NNukJ81ecGi0egbY by Lazarou@mastodon.social
2025-12-18T14:51:22Z
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@Nonilex I think it was Charlie Stross who brought my attention to 'Fusion startups' as the Next Big Tech Hype...
(DIR) Post #B1NOCf9ztyRtxPva7M by Nonilex@masto.ai
2025-12-18T14:54:41Z
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"TAE will also clearly have major political support from President Trump in our view," Wedbush analyst Dan Ives said.#TAE CEO Binderbauer & other fusion company leaders met with US #Energy Dept officials this month, weeks after the dept formed its first ever fusion office.#Trump #law #emoluments #PersonalEnrichment
(DIR) Post #B1NOShzn7yUrNtnyqm by Nonilex@masto.ai
2025-12-18T14:57:34Z
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#Trump Media CEO #DevinNunes [yes that tool] will be the co-CEO of the new company, along with Binderbauer. The combined company will have a 9-member board, including Nunes, Binderbauer & Donald Trump Jr. šThe company, which mainly generates revenue from advertising on the Truth Social platform, has consistently clocked losses since its inception. It posted a decline in revenue & a loss of $54.8 million the third quarter ended September.#law #emoluments #PersonalEnrichment
(DIR) Post #B1NOc9zMQ4LKoG6uXI by nonproductive@mastodon.social
2025-12-18T14:59:15Z
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@Nonilex Should pair well with his EO requiring more Nuclear power plants to be built.
(DIR) Post #B1NPd6RdBJSO3tLaKm by Thorium@social.linux.pizza
2025-12-18T15:10:36Z
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@Nonilex The amount of corruption in the US related to government and business interaction is truly mind boggling.
(DIR) Post #B1NQ2ee99meZNPNwky by SueDiOh@mastodon.social
2025-12-18T15:15:15Z
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@Nonilex It's funny how many trump businesses fail and investor funds disappear while the trumps claim vast personal profits.
(DIR) Post #B1NRihX6un62Rghuue by FinchHaven@sfba.social
2025-12-18T15:34:04Z
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@Nonilex "The company, which mainly generates revenue from advertising on the Truth Social platform ... "" ... has consistently clocked losses since its inception. It posted a decline in revenue & a loss of $54.8 million the third quarter"Someone explain to me just how "consistently clocked losses" and "a decline in revenue and a loss" translates to "mainly generates revenue"So clocking losses and declining revenue are generating revenue?Really?
(DIR) Post #B1NT10hCVUbP2oimOm by bibliofishy@mastodon.social
2025-12-18T15:48:33Z
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@Nonilex their stock declines 70%, rises 33%. Math, how does it work?
(DIR) Post #B1NnwsdwbOftwu4P56 by roger_booth@social.bitwig.community
2025-12-18T19:43:06Z
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@Nonilex A fusion powered memory hole would be the new āEternal Flameā.
(DIR) Post #B1PWpmdTEKs6NvnZ7Q by mark_ohe@mastodon.energy
2025-12-19T15:38:47Z
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@Nonilex The truth is, no one is āgetting into the fusion power businessā because there is no such thing.