Kia, Hyundai Thefts Continue Three Months After Carmakers Deployed Fix:
wsj.com/articles/kia-hyundai-thefts-continue-three-months-after-carmakers-deployed-fix-c4351e60
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| Last Updated | May 30 23 |
| Total Articles | 1 |
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Billions in Dirty Money Flies Under the Radar at World’s Busiest Airports: The Heathrow-to-Dubai flights have two big money-laundering features: One airport ...
wsj.com/business/airlines/heathrow-dubai-airports-billions-dirty-money-9f49cc7f
Tabloid Publisher Testifies on Trump ‘Catch-and Kill’ Deal: Prosecutors say David Pecker was part of criminal conspiracy that began in 2015
wsj.com/us-news/tabloid-publisher-david-pecker-testifies-of-deal-with-trump-25b14985
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
Boston Dynamics’ Atlas humanoid robot goes electric: Atlas lies motionless in a prone position atop interlocking gym mats. The only soundtrack is the whirring of ...
techcrunch.com/2024/04/17/boston-dynamics-atlas-humanoid-robot-goes-electric/
Quick Glance: Boston Dynamics unveils eerie new fully electric humanoid robot
- Boston Dynamics has revealed a new humanoid robot named Atlas capable of complex movements.
- This model is the company's first fully electric model and boasts a wider range of motions than its predecessors.
- Atlas features advanced AI tools like machine learning and computer vision to learn from its own actions.
- The robot is being tested by Hyundai and is expected to be deployed in various applications in the coming years.
Hyundai pauses ads on X over antisemitic posts: Automaker Hyundai paused advertisements on the social media platform X after a sponsored post from the company ...
trib.al/Qxnaxxo
The Growing Pro-Palestinian Protest Movement, Visualized: The intensity of protests on college campuses and other locations could mean they would continue ...
wsj.com/politics/college-campus-pro-palestinian-protests-64115768
BBC News Channel Presenters Take Legal Action Citing Age & Gender Discrimination — Update
deadline.com/2024/04/bbc-news-martine-croxall-employment-tribunal-1235888810/
Ogier wins after last day drama in Croatia: Sebastien Ogier came out on top on a dramatic final day of the Croatia Rally on Sunday with the Toyota part-timer ...
reuters.com/sports/formula1/ogier-wins-after-last-day-drama-croatia-2024-04-21/
Hamas Releases Video of Wounded American-Israeli Hostage: The family of the hostage gave permission for the video to be published and used after it was released ...
wsj.com/world/middle-east/hamas-releases-video-of-wounded-american-israeli-hostage-cb037b96
Columbia Cancels In-Person Classes Amid Pro-Palestinian Protests: Demonstrations have intensified in recent days. Separately, police arrested some students ...
wsj.com/us-news/education/columbia-university-cancels-in-person-classes-amid-pro-palestinian-protests-111ffc5d
Exclusive | Biden Weighs Giving Legal Status to Immigrant Spouses of U.S. Citizens
wsj.com/politics/policy/biden-weighs-giving-legal-status-to-immigrant-spouses-of-u-s-citizens-04277843
Israel’s Hunt for One Elusive Militant Brings Gaza Tactics to West Bank: Airstrikes, drones and ground troops targeting militants are turning the Palestinian ...
wsj.com/world/middle-east/israel-militant-hunt-west-bank-3280daf5
Senior Russian Military Official Held on Corruption Charges Involving Defense Deals
wsj.com/world/russia/senior-russian-military-official-held-on-corruption-charges-involving-defense-deals-1c232b85
Meet the 12 New Yorkers Who Will Decide Donald Trump’s Fate in Hush-Money Trial: The seven men and five women on the jury have jobs ranging from teacher to ...
wsj.com/us-news/trump-hush-money-jury-profiles-43f0f77a
Trump Shaped the Supreme Court. Now He Wants His Victory.: The former president expects loyalty while the justices stress independence.
wsj.com/us-news/law/trump-shaped-the-supreme-court-now-he-wants-his-victory-05976052
Supreme Court Weighs Emergency Abortions in States Where Procedure Is Banned: Justices consider doctor responsibilities when pregnant patients are experiencing ...
wsj.com/us-news/law/supreme-court-hears-abortion-emergency-care-arguments-8eda884d
Trump’s Trial and Campaign Collide as Historic Prosecution Begins: The former president and his critics agree the New York hush-money case is about much more ...
wsj.com/politics/elections/trumps-trial-and-campaign-collide-as-historic-prosecution-begins-b3877aec
Trump Jury Selection Unravels as Two Sent Home: The judge dismissed two jurors who voiced concerns about identifying information about them being made public.
wsj.com/us-news/law/judge-dismisses-oncology-nurse-juror-in-donald-trump-hush-money-case-eff6f2ab
As Trump Stands Trial, Biden Sees Campaign Opening: The president has made small gains in polls and is set to receive endorsement from members of the Kennedy ...
wsj.com/politics/elections/biden-tries-to-build-on-small-gains-in-polls-as-trump-stands-trial-bbbfb6d3
New U.S. Rule Bans Release of Health Records in Investigations of Women Who Get Legal Abortions
wsj.com/politics/policy/new-u-s-rule-bans-release-of-health-records-in-investigations-of-women-who-get-legal-abortions-190fb684
Hyundais and houses: Japan electronics chain to sell EV-home bundles: TOKYO -- Yamada Holdings, the operator of Japan's largest home electronics retail ...
asia.nikkei.com/Business/Automobiles/Hyundais-and-houses-Japan-electronics-chain-to-sell-EV-home-bundles
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Billions in Dirty Money Flies Under the Radar at World’s Busiest Airports: The Heathrow-to-Dubai flights have two big money-laundering features: One airport ...
wsj.com/business/airlines/heathrow-dubai-airports-billions-dirty-money-9f49cc7f
As Paramount Shareholders Slam A Skydance Deal, Four Directors Said To Be Exiting Board: Could Threat Of Legal Action Derail Talks?
deadline.com/2024/04/paramount-global-board-skydance-deal-talks-1235881633/
Exclusive | Hamas Explores Moving Political Headquarters Out of Qatar: Such a step could upend fragile talks to free Israeli hostages held captive in Gaza.
wsj.com/world/middle-east/hamas-explores-moving-political-headquarters-out-of-qatar-8a3a794b
Korean companies expand day care facilities for employees' kids : Samsung, Hyundai Motor, LG, POSCO and other Korean companies are rolling up their sleeves ...
koreatimes.co.kr/www/tech/2024/04/419_372440.html
Quick Glance: Korean Companies Enhance Child Care Support for Employees
- Korean companies like Samsung, Hyundai Motor, LG, POSCO, and others are improving the work environment for parents balancing work and child-rearing.
- In response to the country's declining total fertility rate, these companies are taking steps to address national demographic challenges.
- Samsung has opened and expanded a new daycare center in Suwon to alleviate the childcare burden on employees.
- Other companies like POSCO and LG are also stepping up efforts to provide childcare services for their employees and combat the low birth rate.
Essay | Iran’s Attack Has Deepened Israel’s Divisions: Israelis’ post-Oct. 7 unity has given way to sharp disagreements on how to respond to Iran and whether to ...
wsj.com/world/middle-east/irans-attack-deepened-israels-divisions-17f171b9
Social Media Has Overwhelmed America’s Main Nonprofit Fighting Child Exploitation
wsj.com/tech/why-americas-system-for-investigating-child-exploitation-online-isnt-working-34b74b71
Hyundai Motor, Kia to partner with India's Exide Energy on EV batteries: Hyundai Motor Co and Kia Corp on Monday signed a memorandum of understanding with ...
reuters.com/business/autos-transportation/hyundai-motor-kia-partner-with-indias-exide-energy-ev-batteries-2024-04-08/
Squatters Have Taken Over Gordon Ramsay's Restaurant in London and Are Threatening Legal Action
entrepreneur.com/business-news/gordon-ramsay-restaurant-in-london-taken-over-by-squatters/472698
Quick Glance: Squatters Cause Chaos in Gordon Ramsay's London Pub
- Gordon Ramsay's eatery, York & Albany, was taken over by squatters as the celebrity chef was in the process of finalizing a deal with new partners.
- A shocking moment revealed an individual barefoot and sprawled on a black leather sofa inside the restaurant surrounded by personal items and waste, including scattered empty wine bottles.
- At least six 'professional squatters' - five men and one woman - were identified living inside the restaurant and its adjacent bedrooms.
- The squatters went as far as threatening legal action against anyone attempting to evict them from the premises.
Arizona Supreme Court Revives 160-Year-Old Abortion Ban: The decision will put abortion front and center in 2024 presidential race in swing state.
wsj.com/us-news/law/arizona-supreme-court-abortion-ban-821501cb
Quick Glance: Arizona Republicans Block Efforts to Repeal 1864 Abortion Ban
- Democratic bills to repeal a 160-year-old abortion ban were blocked in the Legislature.
- Arizona's highest court decision upholding a 1864 abortion ban caused chaos and confusion.
- Democrats aimed to repeal the ban to protect women's health, facing hurdles in the Republican-controlled legislature.
- The uncertainty loomed over whether Republican leaders would allow immediate action on repealing the ban, despite pressure from Democrats and some Republicans.
Essay | Jailing Ethan Crumbley’s Parents Sets a Troubling Precedent: Locking up irresponsible parents seems just, but the truth is more complicated.
wsj.com/us-news/law/jailing-ethan-crumbleys-parents-sets-a-troubling-precedent-58b0e77e
Polestar to launch its new electric SUV on Hyundai and Kia’s home turf this summer
electrek.co/2024/04/19/polestars-new-electric-suv-coming-hyundai-kia/
European court set to rule on landmark climate change cases: Europe’s highest human rights court have thrown out a case brought by six Portuguese youths aimed at ...
apnews.com/article/europe-eu-climate-court-human-rights-3b540a965aff7e2b49f1451c7a328e77
Hyundai Motor has six of the top ten most fuel-efficient EVs in the US: If you’re looking to get the most out of your vehicle, Hyundai may be your best choice ...
electrek.co/2024/04/17/hyundai-six-top-ten-most-fuel-efficient-evs-us/
Parents of Michigan School Shooter Ethan Crumbley Sentenced to 10-15 Years in Prison
wsj.com/us-news/michigan-school-shooter-ethan-crumbley-parents-sentenced-b5d5a13c
The Former Congressman in the Hot Seat at Trump’s Truth Social: Devin Nunes is running a tiny, money-losing, slow-growing social-media company that just went ...
wsj.com/business/media/devin-nunes-trump-media-truth-social-722cb37e
Innocean USA Appoints Gui Borchert as Executive Creative Director: Borchert comes to the agency from Squarespace and will oversee Hyundai NA.
adweek.com/agencyspy/innocean-usa-appoints-gui-borchert-as-executive-creative-director/
Senate Passes Spying Bill, Rejecting Privacy Concerns: Intelligence officials said the tool is vital to disrupting terror plots and cyberattacks.
wsj.com/politics/national-security/senate-passes-fisa-spying-bill-882e7df4
Watching the watchdogs: The media downplays a big legal story at its peril: Western outlets ignoring the unprecedented legal campaign against Israel ...
aljazeera.com/opinions/2024/4/23/watching-the-watchdogs-the-media-downplays-a-big-legal-story-at-its
Strong dollar prompts Korean automakers to sell more cars abroad amid sluggish domestic sales
koreatimes.co.kr/www/tech/2024/04/419_372528.html
Opinion | The Senate’s Duty to Put Mayorkas on Trial: Schumer’s plan to ‘table’ his impeachment violates the chamber’s rules as well as the Constitution.
wsj.com/articles/the-senates-duty-to-put-mayorkas-ontrial-impeachment-e28a8294
Quick Glance: Republicans delay hearing of DHS Secretary Mayorkas to next week
- The House plans to postpone the hearing of Homeland Security Secretary Alejandro Mayorkas to next week.
‘Sociopath’ and ‘Borderline’ Review: Examining Personality Disorders: Two books examine the cost both to sufferers and to those who come into contact with them.
wsj.com/arts-culture/books/sociopath-and-borderline-review-life-on-the-edge-0ad7a4e1
Hamas Balks at U.S. Plan for Temporary Gaza Truce: Wide disagreements remain between the group and Israel, which is seeking options to continue its military ...
wsj.com/world/middle-east/hamas-balks-at-u-s-gaza-cease-fire-plan-f892b5ba
Hyundai IONIQ 9 three-row electric SUV preps for debut following US sighting: Hyundai’s first three-row electric SUV is approaching its debut after the EV was ...
electrek.co/2024/04/09/hyundai-ioniq-9-three-row-ev-set-debut-us-sighting/
Opinion | Antony Blinken’s Ahistorical Advice for Israel: Raids and airstrikes can be tactically effective, but they don’t amount to a strategy for winning a war ...
wsj.com/articles/antony-blinkens-ahistorical-advice-for-israel-war-strategy-7f1ed80f
Israel Kills a Hezbollah Commander, as Gaza Cease-Fire Talks Show Progress: Hezbollah acknowledged the death of Ali Ahmed Hassin, who the Israeli military ...
wsj.com/world/middle-east/israel-kills-a-hezbollah-commander-as-gaza-cease-fire-talks-show-progress-207885e1
Tesla Shareholders to Vote on Elon Musk’s $55.8 Billion Pay Package: The billionaire’s pay package was recently struck down in court.
wsj.com/business/tesla-shareholders-to-vote-on-ceo-elon-musk-pay-moving-incorporation-to-texas-from-delaware-6d0ab1de
Kia’s new EV6 to debut this summer with sporty GT trim following: Here’s what to expect
electrek.co/2024/04/18/kias-new-ev6-debut-summer-sporty-gt-trim-following/
Hyundai gunning for Pikes Peak EV record: Not the I.D R one, obviously - the Ioniq 5 N will enter the production SUV/Crossover class
pistonheads.com/news/electric-vehicles/hyundai-gunning-for-pikes-peak-ev-record/48400
EV prices are down 18% over the past year as drastic price cuts take effect: Electric vehicle prices are down 18% so far this month compared to April 2023 ...
electrek.co/2024/04/18/ev-prices-down-18-last-year-drastic-price-cuts/
Ford, Daimler Truck, Chrysler, Jeep among 131k vehicles recalled: Check car recalls here
usatoday.com/story/money/cars/recalls/2024/04/15/car-recall-check-ford-daimler-truck-chrysler/73294129007/
Boeing’s Quality Complaints Mount as Another Whistleblower Comes Forward: A former quality manager will provide written testimony that will be part of a ...
wsj.com/business/airlines/boeings-quality-complaints-mount-as-another-whistleblower-comes-forward-396db79b
Israeli Soldier Deaths in Gaza War Are Reshaping a Generation: Fatalities among Israeli soldiers, mostly under 30 and some as young as 18, are shaking students ...
wsj.com/world/middle-east/israeli-soldier-deaths-in-gaza-war-are-reshaping-a-generation-c088046f
Rivian R1S climbs to fourth best-selling EV in the US in Q1, tops Hyundai IONIQ 5, VW ID.4
electrek.co/2024/04/15/rivian-r1s-tops-hyundai-ioniq-5-vw-id-4-fourth-top-selling-ev/
What to know about Vietnam tycoon sentenced to death in $12.5 billion fraud case: A Vietnamese real estate tycoon has been sentenced to death in the country’s ...
apnews.com/article/vietnam-who-is-truong-my-lan-c9922979f8560c124056dee64546ca31
Quick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
- Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.
- Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.
- She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.
- Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
Gaza Cease-Fire Talks to Resume as Netanyahu Faces Growing Calls for Concessions: CIA Director William Burns is traveling to Egypt to try to unblock a weekslong ...
wsj.com/world/middle-east/gaza-cease-fire-talks-resume-as-netanyahu-faces-growing-calls-for-concessions-4730f7ff
Ukrainian ambassador discusses post-war reconstruction with Hyundai affiliate : Ukrainian Ambassador to Korea Dmytro Ponomarenko paid a visit to the Global ...
koreatimes.co.kr/www/nation/2024/04/120_372889.html
Opinion | Joe Biden’s Long Career of Conformity: All politicians adjust their views, but the president’s malleability is the most notable thing about him.
wsj.com/articles/joe-bidens-long-career-of-conformity-64aa79c1
Opinion | The SEC Pauses Its Climate Disclosure Rule: The commission backs off while courts review the regulation.
wsj.com/articles/sec-backs-off-on-climate-disclosure-rule-law-regulations-a26d9fc7
Opinion | MGM Grand Casino: Hacked by Criminals, Probed by the FTC: Lina Khan’s agency investigates the resort operator for supposed deficiencies in the ...
wsj.com/articles/hacked-by-criminals-probed-by-the-ftc-cyberattack-mgm-resorts-khan-a2a51497
Fani Willis Runs Out of Time as She Faces Fresh Legal Action: Fani WIllis has been accused of illegally recording a conversation with one of the Georgia election ...
newsweek.com/fani-willis-runs-out-time-she-faces-fresh-legal-action-1887799
Pink Files Legal Action Against Pharrell Williams Over Musician’s Proposed P.Inc. Trademark
rollingstone.com/music/music-news/pink-pharrell-williams-trademark-1235007602/
Opinion | Hunter Biden’s Legal Collapse: A federal judge refuses to toss his tax charges. Donald Trump likely won’t be the only one in court in the next couple ...
wsj.com/articles/hunter-bidens-legal-collapse-a604e106
Prithviraj recalls when wife Supriya started throwing up in a rented Ferrari: ‘We switched to a Hyundai’
indianexpress.com/article/entertainment/malayalam/prithviraj-recalls-when-wife-supriya-started-throwing-up-in-a-rented-ferrari-we-switched-to-a-hyundai-9263568/
Tesla Agrees to Settle Lawsuit Over Autopilot’s Involvement in 2018 Fatal Crash: The settlement comes days before attorneys were poised to deliver opening ...
wsj.com/business/autos/tesla-fatal-autopilot-crash-trial-33936b42
Elon Musk Vows to Defy Brazil Order to Block Some X Accounts Amid Hate-Speech Clampdown
wsj.com/world/americas/elon-musk-vows-to-defy-brazil-order-to-block-some-x-accounts-amid-fake-news-clampdown-7d1a099f
Man Is Charged With Setting Fire at Sen. Bernie Sanders’s Office: Federal prosecutors said a man was arrested and charged with starting a fire at U.S. Sen ...
wsj.com/us-news/man-is-charged-with-setting-fire-at-sen-bernie-sanderss-office-3baf8fe5
Hamas’s Feud With Palestinian Rivals Adds to Doubts Over Gaza’s Postwar Future: A simmering confrontation with the West Bank-based Palestinian Authority is a ...
wsj.com/world/middle-east/hamass-feud-with-palestinian-rivals-adds-to-doubts-over-gazas-postwar-future-a364b468
Xpeng: Chinese electric car start-up sells in the classic way in car dealerships: The next electric car brand is coming to Germany from China: Xpeng was only ...
zeit.de/mobilitaet/2024-04/xpeng-deutschland-start-elektroauto-volkswagen
Return of Palestinians to Gaza’s North Emerges as Key Issue in Cease-Fire Talks: CIA director heads to Cairo to push Israel and Hamas to reach an agreement for ...
wsj.com/world/middle-east/israel-hamas-ceasefire-negotiations-northern-gaza-return-5d2597cc
In the City, Personal Safety Starts With Your Smartphone: Turn on these settings in your phone and connected devices to add a layer of security.
wsj.com/tech/personal-tech/in-the-city-personal-safety-starts-with-your-smartphone-1ab1eb34
Cambodia says YouTubers torment monkeys for views, plans legal action: Angkor Wat officials say they will take legal action against the worst offenders amid a ...
businessinsider.com/cambodia-says-youtubers-torment-monkeys-for-views-plans-legal-action-2024-4
Do Kwon Lost to the SEC. The U.S. Is Piling Up Other Crypto Wins, Too.: The decision was the latest in a series of federal court wins bolstering regulators’ ...
wsj.com/finance/currencies/do-kwon-lost-to-the-sec-the-u-s-is-piling-up-other-crypto-wins-too-6c12bdde
Daily EV Recap: Hyundai goes all in on electric: Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple Podcasts ...
electrek.co/2024/04/08/daily-ev-recap-hyundai-goes-all-in-on-electric/
Biotech Executive Who Bet on Rival’s Stock Committed Insider Trading, Jury Says: The SEC won its “shadow trading’” case, extending the application of the law.
wsj.com/finance/regulation/biotech-executive-who-bet-on-rivals-stock-committed-insider-trading-jury-says-73a622b1
Guns and Death Threats Spur Canada to Reel in Baby-Eel Fishing: A ban tries to curb poaching in Canadian rivers sparked by demand in East Asia for ...
wsj.com/world/americas/guns-and-death-threats-spur-canada-to-reel-in-baby-eel-fishing-87b6733f
Opinion | IVF in Alabama: The Real Story: The state Supreme Court case exposed a culture of negligence, and clinics should be accountable.
wsj.com/articles/ivf-in-alabama-the-real-story-negligence-clinics-life-embyros-6af683dd
Hanssem, Hyundai Livart fined for price rigging : A total of 31 home furniture manufacturers, including two top-ranked brands Hanssem and Hyundai Livart ...
koreatimes.co.kr/www/biz/2024/04/126_372252.html
The FTC just banned noncompete agreements in a sweeping new rule: The agency says the ban will lead to better wages and lower healthcare costs
qz.com/ftc-bans-noncompete-agreements-rule-lina-khan-1851431267
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
Toyota Nearly Strips Away Tesla's Last Shred Of Dignity: Tesla stock is suffering one indignity after another. And now Toyota Motor is close to serving up ...
investors.com/etfs-and-funds/sectors/sp500-toyota-nearly-strips-away-teslas-last-shred-of-dignity/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Trump Media steps up war on short selling with advice for retail investors: Former president’s media company has asked the SEC to investigate potential illegal ...
marketwatch.com/story/trump-media-offers-steps-for-retail-investors-to-take-to-avoid-their-shares-being-lent-out-by-brokers-to-short-sellers-c93ee381
Quick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
- Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.
- In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.
- Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.
- In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
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