Gizmodo

Donald Trump’s social media enterprise officially became a publicly traded company on Tuesday, with its stock price jumping 16% to $58 a share.

Gizmodo

The parent company of Donald Trump’s social media company, Truth Social, could soon become a multi-billion dollar public company, depending on a vote scheduled for Friday. Trump could stand to gain over $3 billion if the proposed merger goes through, which could be his ticket out of some hefty legal bills.

Gizmodo

New York’s attorney general, Letitia James, announced on Thursday that she’s opened an investigation into the recent AT&T outage that left customers across the country without service. And if you live in the state of New York, James would like to hear from you.

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Gizmodo : Politics

Tyler and Cameron Winklevoss have donated $4.9 million to the political action committee Fairshake, according to new filings with the U.S. Federal Election Committee. It’s just the latest windfall for Fairshake, which is spending millions to run attack ads against Katie Porter, a Democrat who’s running for Dianne…

Gizmodo

Uber and Lyft will pay drivers a combined $328 million as part of a settlement that the companies unlawfully withheld pay and benefits including paid sick leave in New York state. As part of the settlement, New York drivers for the ride-hailing companies are now guaranteed minimum hourly wages, and paid sick leave,…

Gizmodo

The founders of cryptocurrency exchanges face a mountain of regulatory challenges and billions in personal losses.

Gizmodo

New York Attorney General Letitia James filed a lawsuit Thursday morning against cryptocurrency companies Gemini Trust, Genesis Global Capital, and Digital Currency Group (DCG) for defrauding over 230,000 investors of over $1 billion.