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18.12.25 - 18:27
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Trump Media To Merge With Nuclear Fusion Company TAE In $6 Billion Deal (ZeroHedge)
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Trump Media To Merge With Nuclear Fusion Company TAE In $6 Billion Deal
Authored by Tom Ozimek via The Epoch Times,
President Donald Trump's media company, Trump Media & Technology Group (TMTG), said on Dec. 18 that it has signed a definitive agreement to merge with nuclear fusion firm TAE Technologies in an all-stock transaction valued at more than $6 billion, an ambitious tie-up the companies said was a bid to help “power America's technology revolution.”
In a joint statement, TMTG—owner of Truth Social—and TAE said the deal seeks to create one of the world's first publicly traded fusion companies.
In a post on Truth Social, TMTG described the move as a natural extension of its broader mission.
“From its inception, TMTG has been dedicated to building things the American people needed,” the company said, citing the launches of Truth Social and Truth+.
“And as our country positions itself to achieve global technology dominance in AI, quantum computing, and other groundbreaking...
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18.12.25 - 17:18
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Trump Media Combines With TAE in Nuclear Play (Bloomberg)
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Trump Media & Technology Group, the company behind Truth Social, said it will merge with TAE Technologies Inc., a closely held fusion developer founded in 1998, in a transaction valued at more than $6 billion. Will Wade reports on "Bloomberg Open Interest." (Source: Bloomberg)...
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18.12.25 - 13:30
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Alibaba deepens ecosystem push with Qwen-Amap tie-up for routes, restaurants and hotels (SCMP)
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Alibaba Group Holding is folding its mapping and navigation platform Amap into its Qwen artificial intelligence app, in a tie-up the company says will sharpen Qwen's real-world “life services” just weeks after the app's debut.
The integration, announced on Thursday, lets Qwen users handle travel and lifestyle requests – from restaurant and hotel recommendations to route planning and turn-by-turn navigation – in a single conversational interface. Alibaba owns the South China Morning Post.
Alibaba......
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