The Trump Media buyback will be funded separately from the company’s #bitcoin #treasury plan, which includes $1.5B in equity & $1B in convertible notes.

#Trump indirectly owns more than 114M shares of the company through a revocable trust & is the largest shareholder.

Trump Media posted a $400.9M net loss in 2024 on just $3.6M in revenue but says it ended the year with over $775M in cash.

#law #fraud #securities#Emoluments
https://www.cnbc.com/2025/06/23/trump-media-stock.html

"AI models incorrectly answered more than 60 percent of queries about news sources."

"Perplexity provided incorrect information in 37 percent of the queries tested, whereas ChatGPT Search incorrectly identified 67 percent (134 out of 200) of articles queried. Grok 3 demonstrated the highest error rate, at 94 percent."

https://arstechnica.com/ai/2025/03/ai-search-engines-give-incorrect-answers-at-an-alarming-60-rate-study-says/

#search #llm #education #research#Fail #journalism #law

Frightening images out of #Pasadena, #California show a plainclothes #federal#LawEnforcement officer at a stoplight jumping out of his vehicle & drawing his #weapon on a person attempting to #photograph his license plate.

Details are limited & exact circumstances of the incident are unknown, but the potentially deadly confrontation occurred Wed morning at around the same time federal #immigration agents carried out an op at a bus stop nearby.

#law#Trump#AbuseOfPower
https://ktla.com/news/local-news/plainclothes-federal-agent-draws-gun-on-man-at-stoplight-in-pasadena/

“We at the City of #Pasadena are deeply saddened & concerned by the events that have taken place in the region over the past several days surrounding the federal government’s #immigration enforcement activities. Neither the City of Pasadena or the Pasadena Police Dept participate in the enforcement of #federal civil immigration laws, nor do we ask about an individual’s immigration status when responding to calls for service or when delivering City services.”

#law#Trump#AmericanAutocracy

“I’ve lived in #LA for 35 years already & I’ve never seen anything like this,” he said, adding that more than half of his Hispanic [& Latin] clientele are afraid to leave their homes. “Our business has been down I would say 60% to 70%.”

Asked for comment, city leaders in #Pasadena said that they are aware of Wednesday’s #arrests & the officer pulling his #gun on a resident….

#immigration #law#StateSponsoredAbduction #economy#SmallBusiness#Trump#AbuseOfPower #tyranny#AmericanAutocracy

The woman, who did not want to be identified, told KTLA in Spanish that she knows one of the men & that he’s not a criminal.

Witnesses reported that the same group of #FederalAgents returned to the corner at around 9:30AM, though it’s unclear if anyone else was arrested.

The random #immigration ops have people in the community living in fear, acc/to reporting from KTLA’s Elina Abovian, who spoke to Fernando Banuelos, owner of Dena’s Burgers.

#law#StateSponsoredAbduction#Trump#AbuseOfPower

Video of the operation captured by woman inside Dena’s Burgers, on the corner of Orange Grove Blvd & Los Robles Ave, shows the men being put into an unmarked van & taken away.

#immigration #law#StateSponsoredAbduction#Trump#AbuseOfPower #tyranny#AmericanAutocracy

Barack #Obama warns the #US is ‘dangerously close’ to slipping into #autocracy under #Trump

In rare public remarks, the fmr president said recent actions from the admin are “not consistent with American #democracy.”

#USpol #democracy#Constitution #law
https://www.msnbc.com/top-stories/latest/barack-obama-trump-speech-trump-autocracy-rcna213729

Reuters images showed #Marines apprehending a #civilian, restraining his hands w/zip ties & then handing him over to civilians from #DHS.

Asked about the incident, US #military's Northern Command spox said active duty forces "may temporarily detain an individual in specific circumstances."

"Any temporary detention ends immediately when the individual(s) can be safely transferred to the custody of appropriate civilian law enforcement personnel," a spox said.

#Trump #law#PosseComitatusAct

Found the video via Austin American-Statesman

#USMarines detain civilian at #LA anti-#ICE #protests for first known time after #Trump deploys #military

https://www.youtube.com/watch?v=cW5oRFbHbuQ

#law#PosseComitatusAct #democracy#RightToProtest#FreedomOfAssembly #authoritarianism #tyranny#Gestapo#AmericanAutocracy#LosAngeles#California#NationalGuard#Marines #resist

Per Idrees Ali of Reuters:

The #troops are authorized [by whom? Not by law] to detain people who pose a threat to federal personnel or property, but only until #LawEnforcement can arrest them.

#Trump #law#PosseComitatusAct #democracy#RightToProtest#FreedomOfAssembly #authoritarianism #tyranny#Gestapo#AmericanAutocracy#LosAngeles#California #military#NationalGuard#Marines #resist

The incident took place at the Wilshire Federal Building in #LosAngeles where #Marines took charge of the mission to protect the building earlier on Friday, in a rare domestic use of US #troops after days of #protests over #immigration raids.

#Trump #law#PosseComitatusAct #democracy#RightToProtest#FreedomOfAssembly #authoritarianism #tyranny#Gestapo#AmericanAutocracy#LosAngeles#California#NationalGuard #resist

🚨🚨🚨🚨🚨

Exclusive: US #Marines carry out first known #detention of #civilian in #LosAngeles, video
shows

Marines deployed to #LA carried out the detention of a civilian on Friday, the US #military confirmed after being presented w/ Reuters images, in the first known detention by active-duty #troops deployed there by #Trump.

#Trump #law#PosseComitatusAct #democracy#RightToProtest#FreedomOfAssembly #authoritarianism #tyranny#Gestapo#AmericanAutocracy #protests
https://www.reuters.com/world/us/us-marines-carry-out-first-known-detention-civilian-los-angeles-video-shows-2025-06-13/

Meta cracks down on nudify apps after being exposed https://www.theverge.com/news/685985/meta-lawsuit-crushai-nudify-app-ads #news#SocialMedia#Instagram#Facebook#Policy#Meta#News#Tech#Law#AI

Well, the #PosseComitatusAct has officially been violated.

#NationalGuard troops have detained #civilians in #LAprotests, commander says

National Guard troops already have temporarily detained civilians in the #LosAngeles #protests over #immigration raids, the commander in charge said Wednesday, but they quickly turned them over to #LawEnforcement [the 30 second rule is only for food fools].

#Trump #law #democracy#RightToProtest #authoritarianism #tyranny#Gestapo
https://apnews.com/article/national-guard-immigration-raids-los-angeles-c9957a0d4ded48e40ce78efb0b7a8fbf