Limbo

Truth Social in limbo as merger partner grapples with another failed vote

Truth Social in limbo as merger partner grapples with another failed vote

Former president Donald Trump has failed to win another vote — this time, from the shareholders of an investment ally his social network Truth Social had been counting on for cash. Digital World Acquisition Corp., a special-purpose acquisition company, said Thursday it had not yet gained enough shareholder votes to extend its deadline for merging …

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Federal regulators cancel LTD rural broadband funding, leaving Minnesota buildout in limbo

Federal regulators cancel LTD rural broadband funding, leaving Minnesota buildout in limbo

Federal regulators have quashed LTD Broadband’s controversial efforts to become a major provider of rural broadband in Minnesota and several other states, leaving the buildout program in limbo. LTD, which had won $311 million in federal subsidies to deploy broadband in Minnesota alone, “is not reasonably capable of complying” with requirements for the program, the …

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