Well… this could well be why the Powerliners are talking about truly trivial non-stories over the last two weeks or so. The Tangerine… is about to rip new headlines, both in his failing social media site, and in the criminal courts — as a likely indicted person, very soon. Even his own lawyers now say an indictment is likely.
Here’s the latest, on the most recent series of layoffs, at his “Truth Social” site (still lacking the votes to close the SPAC merger):
…The company behind former President Donald Trump’s Truth Social has trimmed staff while awaiting regulatory approval for a merger that offers a financial lifeline, according to two people with knowledge of the matter.
Trump Media & Technology Group, Truth Social’s parent company, laid off about half a dozen people, including senior members of its ranks, such as Chief Technology Officer William “BJ” Lawson, according to the people, who asked not to be identified because the information is private. Lawson was the third person to hold the role at the company. Some close to Trump Media estimate it can fund operations through September at present spending levels, according to the people….
In late February, Trump Media’s general counsel sent a letter asking Congress to investigate the US Securities and Exchange Commission’s review of the deal, writing that the “endless investigation of the DWAC-TMTG merger clearly constitutes an unprecedented attempt to kill the deal without any finding of wrongdoing….”
[His monthly confirmed visits are now] falling to just 5.7 million in February, according to digital intelligence firm Similarweb [from 11.5 million, just last summer]….
Could NOT happen to a nicer guy!
Powerline Lies... 