Shares in Digital World Acquisition soar by 400 percent on news of social media deal with Trump

Trading in the stock of SPAC company Digital World Acquisition Corp. was briefly halted Thursday because of volatility after its price skyrocketed on extremely heavy trading volume after news of a merger that would launch former President Donald Trump’s planned social media platform.

DWAC’s stock surged as much as 400 percent, to $51 per share Thursday after trading was halted multiple times due to volatility.

Digital World Acquisition was the single most actively traded stock on the Fidelity platform Thursday, and was by far the most traded stock on the consolidated tape of New York Stock Exchange and Nasdaq listings.

Buy orders for DWAC — a so-called special purpose acquisition company set up to raise capital in the public markets to purchase private firms — outnumbered sell orders by nearly three to one on Fidelity’s platform.

By afternoon trading, more than 360 million shares of DWAC had already changed hands,

Read More

As Nicaragua Government Crackdown Continues, Police Arrest Business Executives | World News

MANAGUA (Reuters) – Nicaraguan police detained the two top executives of the nation’s largest business association on Thursday, amid a wave of arrests ahead of Nov. 7 elections in which President Daniel Ortega will seek a fourth consecutive term, according to the association and authorities.

The Superior Council of Private Enterprise (COSEP) president, Michael Healy, was detained after leaving an interview at the attorney general’s office, and its vice president, Alvaro Vargas, was arrested at home.

Both men are members of the Civic Alliance, an opposition group that has suffered the arrest of two presidential candidates.

The executives are accused of “laundering money, property and assets to the detriment of the Nicaraguan state and society,” as well as calling for foreign intervention and sanctions against Nicaragua, local police said in a statement.

Ortega’s government has become increasingly isolated and criticized internationally for its crackdowns against the president’s opponents and critical

Read More

Top Trademarks Misconceptions From The Business World – Intellectual Property


Top Trademarks Misconceptions From The Business World

To print this article, all you need is to be registered or login on

One may ask, what would I need a Trademark for? To that,
countless arguments may be made, but the biggest of them all is the
distinction function of the Trademark itself. This is how customers
come to internalize your business and distinguish your products or
services. This is how you compete in today’s highly competitive
market and this is how you stay ahead. This is how you fence
against potential competitors and their lookalike signs. This is
how you gain traction and win the game of memory.

Nevertheless, due to the fact that Intellectual property is not
one of the first things that comes up as an issue when

Read More

Winning in Today’s Business World Requires Rethinking Operating Models

Before the pandemic, businesses primarily operated with an in-person workforce that showed up to the office, attended in-person meetings, and traveled when necessary. While remote work was steadily increasing over time, only a small percentage of employees worked remotely prior to 2020.

However, according to Global Workplace Analytics, 80% of employees wanted to work from home at least some of the time and over a third would have taken a pay cut in exchange for working from home before COVID-19. Clearly, the desire from employees was there although the willingness to accommodate it by employers largely wasn’t. Some employers did consider and test such work accommodations, but remote work was still only gradually adopted.

Then came the pandemic and there was no other option available. Companies across the board had to scramble to make remote work happen and since then? Employers and employees alike have seen the benefits

Read More