Thursday, May 2, 2024

TMTG co-founder Andy Litinsky, testifying as a witness in an insider trading case, says Trump nearly derailed the DWAC deal in October 2021, before signing on (Matthew Goldstein/New York Times)

Matthew Goldstein / New York Times:
TMTG co-founder Andy Litinsky, testifying as a witness in an insider trading case, says Trump nearly derailed the DWAC deal in October 2021, before signing on  —  Andy Litinsky, who helped start the former president's social media company, revealed Mr. Trump's last-minute doubts about an agreement that made them all very wealthy.



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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...