Guardian - Shares in Donald Trump’s Truth Social dropped more than 23% on Monday as the social media company revealed it lost $58.2m last year and an auditor disclosed “substantial doubt” over its ability to continue operating. An extraordinary stock market debut last week left Trump Media & Technology Group valued at more than $7bn. But it generated sales of just $4.13m in 2023, according to regulatory filings. While over $4m in sales marks significant growth from $1.47m in 2022, the previous year, it underlines the small scale of Trump Media’s operation – and the depth of its losses. BF Borgers of Colorado, an auditor for the company, said the losses “raise substantial doubt about its ability to continue as a going concern”, according to Monday’s filings.
Trump saying he's an expert on everything
Axios - If Donald Trump returns to the White House, close allies want to dramatically change the government's interpretation of Civil Rights-era laws to focus on "anti-white racism" rather than discrimination against people of color. Trump's Justice Department would push to eliminate or upend programs in government and corporate America that are designed to counter racism that has favored whites. Targets would range from decades-old policies aimed at giving minorities economic opportunities, to more recent programs that began in response to the pandemic and the killing of George Floyd. The Trump campaign's Steven Cheung told Axios: "Joe Biden has continued to push unlawful civil rights abuses ... As President Trump has said, all staff, offices, and initiatives connected to Biden's un-American policy will be immediately terminated." Longtime aides and allies preparing for a potential second Trump administration have been laying legal groundwork with a flurry of lawsuits and legal complaints — some of which have been successful. More.
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