Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror

Comment Re:Good (Score 5, Interesting) 57

I work for a small manufacturing company. We make some specialized data acquisition systems and accessories. Our prices fluctuate weekly now because you never what the tariff will be on a particular item. One of our products runs on off the shelf lithium battery packs, similar to the old removable laptop style. The chargers for those packs now have an extra $100 tariff added that we must pass along to the customer. I'm not sure how much more greatness we can take.

Submission + - Trump Media to merge with nuclear fusion company that wants to power AI (ctvnews.ca)

An anonymous reader writes: Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than US$6 billion.

Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

Shares of Trump Media & Technology, the parent company of U.S. President Donald Trump’s Truth Social media platform, have tumbled 70 per cent this year but jumped 20 per cent before the opening bell Thursday.

Backed by Google and other investors, TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.

“We’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations,” Nunes said in a prepared statement.

TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nations’ International Atomic Energy Agency. It’s been seen as a promising solution to climate change caused by burning fossil fuels, but one that is a long way off compared to today’s clean technologies like wind and solar.

TAE and Trump Media shareholders will each own approximately 50 per cent of the combined company.

Trump is by far the largest stakeholder in Trump Media, owning 41 per cent of all outstanding shares.

In October, the U.S. Department of Energy released what it called a “roadmap” for fusion technology, with the aim of fostering “a burgeoning fusion private sector industry in the U.S. toward maturity on the most rapid timeline.” A number of tech companies, including Google, Microsoft and OpenAI CEO Sam Altman, have shown interest in fusion technology as a way of powering the energy-hungry data centers needed to build and run their AI products.

TAE and Trump Media say the transaction values each TAE common stock at US$53.89 per share.

At closing, Trump Media & Technology Group will be the holding company for Truth Social and TAE, along with its subsidiaries TAE Power Solutions and TAE Life Sciences.

Comment Re:Root Cause. (Score 4, Insightful) 147

Deluded liberal feminist arrogance seething with zero accountability manifesting into THE most incompetent Didn't Earn It administration in the entire history of America, ultimately created President Trump. Again. After those infected with long-TDS didn't learn their lesson the first time.

But tell me again how the last four years of American culture being forced to debate keeping parents rights intact with regards to their children being groomed by the rainbow coalition of sex terrorists running classrooms, was SUCH a fantastical worthwhile effort. Along with having to debate whether or not biological men should be able to steal wins, medals, and opportunities from women in "fair" competition. We've known for thousands of years, but let's also debate what a "woman" is too while libtards attack anyone questioning a President suffering from dementia and a VP open border czar addicted to tossing word salads.

China can make Starships too. Any minute now you'll see those chopsticks catch three at a time. Just don't ask for witnesses. There's only like six spots in the AI-magination parking lot.

Again, another day where trans people didn't entertain my thoughts until a republican brought it up.

Slashdot Top Deals

There is one way to find out if a man is honest -- ask him. If he says "Yes" you know he is crooked. -- Groucho Marx

Working...