Core Viewpoint - Trump Media and Technology Group Corp. has filed for the Truth Social Bitcoin and Ethereum ETF, which will directly hold Bitcoin and Ether, with a 75% allocation to Bitcoin and 25% to Ether, aiming to reflect their price performance [1][2]. Group 1: ETF Details - The ETF will be custodied by Crypto.com, which will also serve as the prime execution agent, staking, and liquidity provider [2]. - The launch of the ETF is contingent upon the effectiveness of the Registration Statement and SEC approval of a Form 19b-4 filing [2]. - Upon launch, the ETF shares will be listed on NYSE Arca, with Yorkville America Digital acting as the sponsor [2]. Group 2: Company Overview - Trump Media's mission is to combat Big Tech's censorship and promote free speech through its platforms, including Truth Social and Truth+ [4]. - The company is also developing Truth.Fi, a financial services and FinTech brand focused on America First investment vehicles [4].

NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE: RDDT) for potential violations of the federal securities laws. If you invested in Reddit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/reddit-inc-securities-fraud-class-action. Why is Reddit being Investigated? Reddit owns and operates the eponymous social news aggregation, forum, and social med ...

NEW YORK, June 14, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE: RDDT) for potential violations of the federal securities laws. If you invested in Reddit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/reddit-inc-securities-fraud-class-action. Why is Reddit being Investigated? Reddit owns and operates the eponymous social news aggregation, forum, and social med ...

Core Viewpoint - Trump Media and Technology Group Corp. has filed a final prospectus following the SEC's declaration of effectiveness for its registration statement, which is part of its expansion strategy [2][3]. Group 1: Financial Details - The registration statement registers for resale approximately 56 million shares of equity and 29 million shares underlying convertible notes, resulting from debt and equity agreements that yielded approximately $2.3 billion in total proceeds [3]. - The company has no immediate plans to issue any securities under the shelf registration statement, which is designed to provide greater flexibility for future initiatives [4]. Group 2: Strategic Expansion - Trump Media's CEO, Devin Nunes, emphasized the company's aggressive expansion plans across its social media platform, streaming service, and FinTech brand, aiming to transform Trump Media into a key player in the "Patriot Economy" [5]. - The company operates Truth Social, a platform for free expression, Truth+, a family-friendly streaming service, and is launching Truth.Fi, a financial services brand [7].

Group 1 - Trump Media and Technology Group Corp. completed a $2.5 billion bitcoin treasury deal, marking one of the largest cryptocurrency treasury acquisitions by a public company [1] - The company entered into subscription agreements with approximately 50 institutional investors for a private placement offering of $1.5 billion in common stock and $1 billion in convertible senior secured notes, which closed on May 29, 2025 [2][5] - The offering includes $1.5 billion in common stock at the last market price and $1 billion in convertible notes at a conversion price reflecting a 35 percent premium, adding bitcoin to Trump Media's balance sheet alongside existing cash and short-term investments totaling $759 million as of Q1 2025 [5] Group 2 - The transaction reflects the rapidly accelerating momentum in the cryptocurrency market, indicating surging interest and investment in the space [4] - Yorkville Securities, LLC and Clear Street LLC served as co-lead placement agents, with BTIG, LLC and Cohen & Company Capital Markets as co-placement agents, while Reed Smith acted as legal counsel for the placement agents [3]

Microsoft (MSFT 1.22%) hit a new all-time high early on Wednesday -- making it the only company at the moment valued at a market cap over $3.5 trillion.Investors wondering which "Magnificent Seven" stock could be next to have come to the right place. Here's the case for why Meta Platforms (META -0.15%) and Nvidia (NVDA 1.45%) could follow in Microsoft's footsteps and soon hit all-time highs, and why both stocks are worth buying now. Within striking distanceThe simplest reason why Meta and Nvidia could quick ...

Core Insights - The pricing disparity in the agency operation services for brands entering Douyin ranges from 30,000 yuan to 300,000 yuan, driven by a complex pricing system as the short video e-commerce sector matures [1] Pricing Discrepancies - Beauty category agency operation quotes are generally 30% higher than local lifestyle categories, primarily due to the frequency of content iteration required [3] - A leading service provider's beauty account needs to test 5-8 sales videos weekly, while a restaurant account only requires 2-3 store visit contents [3] - The cost of collaborating with top influencers in the beauty sector can exceed 10,000 yuan per post, contrasting with industrial equipment categories that may require custom 3D animations costing over 5,000 yuan [3] Hidden Costs in Niche Categories - Choosing a low-cost package, such as an 8,000 yuan/month option, can lead to unexpected expenses, like a 20,000 yuan charge for additional AR product display features [5] - This highlights the industry rule that the more specialized the field, the less controllable the customization costs become [5] Regional Pricing Variations - Basic packages from service providers in Hangzhou start at 15,000 yuan, which is 50% higher than similar services in Chengdu, reflecting differences in resource response speed [6] - For instance, a team in Hangzhou can mobilize influencers to create follow-up videos within 6 hours during trending topics, while regional providers rely more on local influencers [6] - However, lower-tier markets can offer unique advantages, such as a hotpot brand in Chongqing finding a team that provides a 5,000 yuan/month package including two live streams per week, with hosts adapting their speech to local dialects [6] Service Models and Risks - Basic packages priced at 3,000 yuan often use a "mixed editing + template" model, leading to significant homogenization risks [10] - Accounts using such services typically face traffic bottlenecks after three months, while effective custom services incur three main hard costs: over 2,000 yuan daily rental for high-quality filming equipment, a base salary of 10,000 yuan for professional traffic managers, and over 500,000 yuan annual maintenance for top influencer resources [10] Future Trends in the Agency Market - AI tools are reshaping cost structures, with one MCN organization reporting a 40% increase in basic video production capacity after implementing an intelligent script system, leading to a 15% price drop for packages under 5,000 yuan [11] - However, tightening regulations introduce new costs, with compliance checks adding 50-100 yuan per video [11] - The rise of regional service providers is noteworthy, as a team in Shandong has achieved a threefold conversion rate in live streaming by leveraging supply chain advantages, replicating their "agency operation + drop shipping" model in niche markets [11] Selecting Quality Service Providers - High-quality agency operations should demonstrate three capabilities: content production (at least three original videos weekly), traffic management (stable ROI of 1:5 for advertising), and commercial conversion (return rate under 15%) [12] - A mother and baby brand successfully identified a capable team through a "three-month trial operation + performance-based clauses," requiring the agency to refund a portion of the service fee if they fail to meet a 100,000 follower growth target [12] - Price is not the sole criterion for selection; a 20,000 yuan monthly fee may ultimately be more cost-effective than a 5,000 yuan option if it saves 200,000 yuan in trial and error costs through professional expertise [12]

As Snapchat continues to take on Instagram and TikTok, the company announced on Thursday that it’s introducing a suite of new tools and features to make it easier for creators to create and share content on its platform. The social network is launching a “Timeline Editor” feature, a new way to create videos from saved Memories, the ability to auto-save Stories to profiles, and more. Snapchat says the new Timeline Editor will give creators a more intuitive way to edit videos directly on the platform. The Tim ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

PARIS, FRANCE - JUNE 12: The Meta AI logo is displayed during the 9th edition of the VivaTech show ... More at Parc des Expositions Porte de Versailles on June 12, 2025 in Paris, France. VivaTech, the biggest tech show in Europe but also in a unique digital format, for 4 days of reconnection and relaunch thanks to innovation. (Photo by Chesnot/Getty Images)Getty ImagesMETA Platforms stock (NASDAQ: META) has witnessed a substantial increase, spurred by investor enthusiasm over rising user interaction and con ...