President Donald Trump’s social media company will provide the capital needed to bring TAE Technologies‘ first fusion power plant online in the United States by 2031, TAE CEO Michl Binderbauer told CNBC on Thursday. Binderbauer spoke shortly after his privately held company and Trump Media and Technology Group announced plans for an all-stock merger valued … Read more
Trump Media and Technology Group on Thursday announced a merger agreement with TAE Technologies, a privately held fusion power company, valued at more than $6 billion. The all-stock deal, expected to close in mid-2026, will result in shareholders of each firm owning approximately half of the combined company. The merger would create “one of the … Read more
Oleksii Liskonih | Istock | Getty Images The Swiss government said on Wednesday that a previously announced agreement to reduce U.S. tariffs on that country’s imports to a ceiling of 15% will apply retroactively to Nov. 14. The deal reached last month slashed the 39% tariff on imports from Switzerland that President Donald Trump imposed … Read more
Trump Media said on Tuesday that it had reached an “amicable settlement” of a legal dispute with the co-founders of the social media company, which operates the Truth Social app. Trump Media did not provide details of that settlement with United Atlantic Ventures, the partnership of Trump Media’s co-founders, Andy Litinsky and Wes Moss. “All … Read more
CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images) Daniel Leal | Afp | Getty Images Elon Musk has … Read more