List of All Articles with Tag 'ti'

A financial firm linked to Donald Trump’s Truth Social platform has reached an $18m settlement with the Securities and Exchange Commission (SEC) in order to bring an end to the investigation into its merger with the company. Digital World Acquisition Corp (DWAC) announced the tentative settlement on Monday, saying that the payment would “remove the cloud of uncertainty lingering over DWAC and would allow DWAC to move forward in achieving its objective of delivering a strategic merger”. The SEC had been looking into whether DWAC held talks with Truth Social’s parent company before going public, which would be a violation of certain antifraud provisions of the Securities Act and the Exchange Act. The settlement means once DWAC has paid the civil penalty it can move forward with the merger, which would see Truth Social become a public company. News of the settlement comes after three people involved in the merger were indicted for insider trading last week. Michael Shvartsman, Gerald Shvartsman and Bruce Garelick were named in a federal indictment unsealed last Thursday (29 June) in Manhattan federal court. All three were charged with trading in securities of Digital World Acquisition Corporation (DWAC) based on non-public information about the company’s planned business combination with Trump Media & Technology Group — founded by former president Mr Trump — the parent company of social media platform Truth Social. They were arrested on Thursday morning in Florida. In 2021, the three investors were invited to invest in DWAC and another SPAC. After signing non-disclosure agreements, they were provided with confidential information, including the planned deal with Trump Media. They were prohibited from using this knowledge in the open market. According to the indictment, after making initial investments into DWAC through the initial public offering process, Mr Garelick was given a seat on the board of directors, which gave him access to valuable non-public information about the planned merger. He provided these updates to his co-conspirators, calling it “intelligence”. The defendants bought millions of dollars of DWAC securities on the open market before the news of the Trump Media business combination was public. In addition to their own purchases, they also passed the information to their friends on a trip to Las Vegas, to Michael Shvartsman’s neighbours, and to Gerald Shvartsman’s employees at a furniture supply store. After DWAC’s merger with Trump Media was announced publicly on 20 October 2021, the stock and warrant holdings significantly increased in value. The defendants and the individuals they tipped then sold their DWAC securities for a significant profit. Michael Shvartsman and Bruce Garelick have been charged with five counts of securities fraud under Title 15, each of which carries a maximum sentence of 20 years in prison; Gerald Shvartsman has been charged with three counts. All three defendants have also been charged with one count of securities fraud under Title 18, which carries a maximum sentence of 25 years in prison; and one count of conspiracy, which carries a maximum sentence of five years in prison. Read More Trump news – live: Truth Social SPAC agrees to SEC settlement as Trump’s past comments on indictment resurface Why isn’t Twitter working? How Elon Musk finally broke his site – and why the internet might be about to get worse Trump mocked for ‘weird apocalyptic’ campaign video Trump marks Independence Day by sharing vulgar attack on Biden Truth Social SPAC reaches SEC settlement as Trump indictment comments reemerge – live Trump sparks speculation by ranting about ‘charges against me’ in Georgia

Miki Sudo ate 39.5 hot dogs in 10 minutes to win her ninth title in the women's side of the annual Nathan's Famous International Hot Dog Eating Contest on Tuesday, and men's reigning champion Joey Chestnut is looking to defend his dominant run.

Christian Pulisic could be on his way to AC Milan

WASHINGTON President Joe Biden on Tuesday said gun violence was tearing apart U.S. communities after mass shootings in

The head of Britain’s water regulator said Thames Water is likely to need “substantial” funds to turn itself

Usually, my best MLB prop bets are all about pitchers, but today we’re taking a different approach in one game, looking at a team total in the Houston Astros-Colorado Rockies matchup.For those looking for pitcher props, don’t worry, I have a plus-money prop from DraftKings Sportsbook...

An overview of the media in Canada, including links to broadcasters and newspapers.

Ross Kemp has revealed that he had planned to go on the Titanic submersible that killed five people. The documentary maker revealed that it was set to form part of a new show he was working on, but the plug was pulled after a member of production deemed the vessel unsafe. "I was invited", he said on This Morning. "We had dialogue with the company in order for me to go down – actually this summer." "I love diving and I’m a qualified diver and I’m fascinated by the sea and I’m fascinated by wrecks." Sign up to our free Indy100 weekly newsletter

The Seattle Mariners scored four runs in the top of the ninth inning on Monday night to beat the San Francisco Giants, and they’ll look to take Game 2 on Tuesday with youngster Logan Gilbert on the mound.Gilbert is 5-5 with a 4.19 ERA this season, but his Fielding Independent Pitching (3.6...

The Los Angeles Angels and San Diego Padres have a great pitching matchup on tap on Tuesday, July 4 – but how should we bet it?Shohei Ohtani (7-3, 3.02 ERA) gets the ball for the Angles on Tuesday, and Padres outfielder Juan Soto seems confident in his team’s chances against the AL M...

By Kanishka Singh Mass shootings in Philadelphia, Baltimore and Fort Worth claimed the lives of 10 people ahead

For many of us, flip-flops are synonymous with sunny days, whether we’re by the pool or meeting friends at the pub. But an expert has rained on the parade of summer’s most ubiquitous footwear by pointing out the significant flaws in their design. Taking to TikTok, Singapore-based podiatrist Paul Macaulay, explained why he, personally, would never wear the thonged slip-ons. However, he also had unfavourable things to say about a number of alternatives – so don’t ditch your flops for Crocs just yet. Sign up for our free Indy100 weekly newsletter In the clip, he singled out sandals made by the popular brand Havaiiana for featuring a number of red flags. “They’re very flat and very thin, they don’t offer much foot support,” he explained, adding that in order for a flip-flop to get his particular seal of approval they’d need to have “a bit of a heel cup”. He also criticised flip-flops that don’t have built-in arch support, and pointed out that the standard strap offers “no security to the foot”. “We want to see something with a strap around the heel, which will give more stability to the ankle and hold the foot in place, or even the style that has a strap coming over the front, which holds the foot down,” he said (so, good news for slider-fans). @paulthepodiatrist Macaulay also pointed out that the lack of support offered by classic flip-flops means that many people have to grip hold of the shoe with their toes to keep them on. “If you wear it for prolonged periods of time over many years, [your feet] can start to stiffen and claw up, and then that can be hard to reverse,” he warned. Finally, he warned that because they’re so open, flip-flops can dry out your feet. This can be particularly “high risk” for diabetics, he said, because “dryness can open to cracks, and those cracks can turn to wounds.” Still, he insisted, there’s a time and a place for the sandals – namely, for wearing on a trip to the beach or the pool. “If you're only walking, say like 500 to a thousand steps and you're not going to be massively physically active, then I'm all for it,” he said in a second TikTok. “But then for something like [...] you're going to walk like five miles, I'm not for it.” Macaulay’s also “not for” the following four shoe types, which he insisted he’d “never wear” as a podiatrist: slip-on loafers; stilettos; ballet pumps and strapless shoes. He didn’t explain why he wouldn’t wear them, however, so maybe it’s just a taste thing… @paulthepodiatrist Save yourself some problems and avoid these shoes! Podiatrist has warned you! There are better shoe options out there for you! #fypsg #foryoupage #fashion #shoes #feet #footpain #podiatrist And for anyone wondering what shoes they should wear, especially when the sun’s out, he has you covered there, too. In another TikTok, captioned: “Don’t regret your footwear choices this holiday”, he said “People don't realise that when you go on holiday you actually rack up so many steps, so it's really important this holiday season to get yourself a good pair of shoes.” His first recommendation was a sandal made by the company Keen which is made for “multi-terrain”. “You can wear these in a concrete jungle style city, somewhere like New York or Singapore, you can even wear these in a mountainous area, maybe like Snowdonia National Park or in the hills of Hong Kong,” Macaulay said. “What I like about it is the straps – it keeps your foot nice and tightly secure.” His second endorsement was for adidas’s Adilette adventure sandals, which he noted were cheaper and softer than his two alternatives. And finally, he gave a big thumbs up to Dr. Martens’ popular Voss sandals which he said he particularly liked because of their “thick, durable sole,” and “ideal” straps, coviering the foot, ankle and back of the heel. @paulthepodiatrist You dont want to end up with sore feet this holiday season! Check out my three top recommendations to stop blisters and painful feet this summer! #fypsg #fashion #shoes #sandals #summeroutfit #podiatrist #feet He wrapped up his video by reinforcing his point that: “These three options would make great additions to your holiday wardrobe for this summer.” So, in the end, it looks as though it’s time to trade in your flops for Docs, people. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.