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Intel losses hit $16.6B as restructuring efforts take a toll
  • Another mismanaged American company, not surprising. When you have douchebag trust fund kids who go to Southern business schools run your country into the ground for 40 years you should replace the douchebag trust fund kids that go to Southern business schools. Nothing good comes from these stock buyback institutions. Because thats all they teach.

  • Trump Media shares halted again as DJT falls in volatile trading
  • Saw this somewhere else:

    For those not familiar with the stock market, this was clearly telegraphed when his media company used a SPAC.

    When a company goes public (IPO), they have to file with the Securities and Exchange Commission. The process is pretty rigorous and has standard forms that you need to fill out or hurdles that you need to get over: Company financials and future growth strategy Corporate governance

    Risks and issues both internal and external Lots of stuff on tech readiness, vulnerabilities and the like.

    The bigger the company the harder this is to do correctly, and the more external companies you'll need to verify and underwrite your findings. But let's say you have a poorly structured company you want to take public. DodgyCo will never get through the IPO gauntlet, so you create a Special Purpose Acquisition Company (SPAC) called CleanCo. They have fantastic technology methodology, a strong board and TONNES of funding. CleanCo sails through all the SEC gates and Monday morning they go live on the stock market.

    Monday afternoon CleanCo buys out DodgyCo, effectively making DodgyCo public without the hassle of actually having to operate like a grownup company.

    This is what Trump Media Company did.

  • Hilldawg sent to Florida
  • Hillary and Nikki have got to be the two most annoying and clueless people in the US. Two overconfident dorks trying to play mom to America. At least Nikki got it right that Kamala is the next President.

  • InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)JA
    Jagothaciv @kbin.earth
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