Lee County Sheriff investigates crash injuring pedestrian at University VillageGunshots heard in a Cape Coral neighborhood
Lee County Sheriff investigates crash injuring pedestrian at University Village The Lee County Sheriff’s Office is investigating a crash that injured a pedestrian at the University Village Shops in Lee County.
CAPE CORAL Gunshots heard in a Cape Coral neighborhood Neighbors have reported hearing multiple gunshots in the early hours of the morning in Cape Coral.
SOUTHWEST FLORIDA Tracking the Tropics: Patty forms in North Atlantic, tracking Caribbean development An area in the Southwestern Caribbean has a high, 80% chance of developing over the upcoming week.
SOUTHWEST FLORIDA Warm weekend with spotty showers, daylight saving time ends tonight The Weather Authority says Saturday is starting nice and dry with some passing clouds and pleasant conditions.
WINK NEWS SWFL Scoreboard: High School Football Week 11 The Lehigh Lightning beat the Sarasota Sailors in a Monday night matchup to earn their first win of the season in week 11.
CAPE CORAL Cape Coral man files injunction against city over Jaycee Park A Cape Coral man has filed an injunction against the City of Cape Coral over the renovation of Jaycee Park.
CAPE CORAL Brothers gain highest Boy Scout award for repairing food pantry General Manager of the Adventist Community Services Alexandra Berru said she couldn’t be more grateful for the twin brothers.
2 Vietnam veterans raise $20,000 for monument in Naples Two Vietnam veterans raised over $20,000 to create a Vietnam monument at Cambier Park in Naples.
BONITA SPRINGS Lee County to pick up debris on Estero and Hickory boulevards After three weeks of hard work clearing mountains of sand from Estero and Hickory boulevards, Lee County crews are ready to switch gears to storm debris collection along these main county roads.
SANIBEL Are our habitats on the brink of a slow collapse? For two years, Sanibel Island’s delicate ecosystems have been battered by unrelenting storm surges, leaving behind dead trees and tainted freshwater pools.
LEHIGH ACRES Lehigh Acres driver wants more safety measures for State Road 82 A Lehigh Acres man wants other drivers to know to pay attention. He also wants the county, city or state to put some more patrols out here.
SANIBEL What beaches are experiencing red tide issues now? Parts of Southewst Florida are dealing with red tide. But it’s not impacting Sanibel or beachgoers there.
NAPLES Naples Police Department begins celebrations of 100 years of service The City of Naples Police Department will hit 100 years of service in November of 2025, and they are now beginning their year of celebrations.
ESTERO FGCU students and professor weigh in on upcoming election As the nation gears up for a pivotal election, a question lingers among young voters. Will students turn out to vote?
New procedure helping disc pain Neck pain, shoulder pain, back pain and arm pain can all be caused by a herniated disc. If left untreated, this can become debilitating and lead to nerve damage.
Lee County Sheriff investigates crash injuring pedestrian at University Village The Lee County Sheriff’s Office is investigating a crash that injured a pedestrian at the University Village Shops in Lee County.
CAPE CORAL Gunshots heard in a Cape Coral neighborhood Neighbors have reported hearing multiple gunshots in the early hours of the morning in Cape Coral.
SOUTHWEST FLORIDA Tracking the Tropics: Patty forms in North Atlantic, tracking Caribbean development An area in the Southwestern Caribbean has a high, 80% chance of developing over the upcoming week.
SOUTHWEST FLORIDA Warm weekend with spotty showers, daylight saving time ends tonight The Weather Authority says Saturday is starting nice and dry with some passing clouds and pleasant conditions.
WINK NEWS SWFL Scoreboard: High School Football Week 11 The Lehigh Lightning beat the Sarasota Sailors in a Monday night matchup to earn their first win of the season in week 11.
CAPE CORAL Cape Coral man files injunction against city over Jaycee Park A Cape Coral man has filed an injunction against the City of Cape Coral over the renovation of Jaycee Park.
CAPE CORAL Brothers gain highest Boy Scout award for repairing food pantry General Manager of the Adventist Community Services Alexandra Berru said she couldn’t be more grateful for the twin brothers.
2 Vietnam veterans raise $20,000 for monument in Naples Two Vietnam veterans raised over $20,000 to create a Vietnam monument at Cambier Park in Naples.
BONITA SPRINGS Lee County to pick up debris on Estero and Hickory boulevards After three weeks of hard work clearing mountains of sand from Estero and Hickory boulevards, Lee County crews are ready to switch gears to storm debris collection along these main county roads.
SANIBEL Are our habitats on the brink of a slow collapse? For two years, Sanibel Island’s delicate ecosystems have been battered by unrelenting storm surges, leaving behind dead trees and tainted freshwater pools.
LEHIGH ACRES Lehigh Acres driver wants more safety measures for State Road 82 A Lehigh Acres man wants other drivers to know to pay attention. He also wants the county, city or state to put some more patrols out here.
SANIBEL What beaches are experiencing red tide issues now? Parts of Southewst Florida are dealing with red tide. But it’s not impacting Sanibel or beachgoers there.
NAPLES Naples Police Department begins celebrations of 100 years of service The City of Naples Police Department will hit 100 years of service in November of 2025, and they are now beginning their year of celebrations.
ESTERO FGCU students and professor weigh in on upcoming election As the nation gears up for a pivotal election, a question lingers among young voters. Will students turn out to vote?
New procedure helping disc pain Neck pain, shoulder pain, back pain and arm pain can all be caused by a herniated disc. If left untreated, this can become debilitating and lead to nerve damage.
The Truth Social account for former President Donald Trump is seen on a mobile device, Wednesday, March 20, 2024, in New York. (AP Photo/John Minchillo) Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market. Trump is set to own most of the combined company — or nearly 79 million shares. Multiply that by Digital World’s closing stock price Friday of $36.94, and the total value of his stake could be nearly $3 billion. The greenlight arrives at a time the presumptive Republican presidential nominee is facing his most costly legal battle to date: a $454 million judgment in a fraud lawsuit. But Trump won’t be able to cash out the deal’s windfall immediately, unless the company’s board makes changes to a “lock-up” provision that prevents company insiders from selling newly issued shares for six months. Trump’s presidential campaign did not immediately respond to request for comment. When a publicly traded shell company agrees to buy a private company, the target company takes its place on a stock exchange once the combination is approved by shareholders. If recent activity in Digital World’s stock is any indication, shareholders of Trump Media could be in for a bumpy ride. Many of Digital World’s investors are small-time investors who are either fans of Trump or trying to cash in on the mania, instead of big institutional and professional investors. Those shareholders helped the stock more than double this year in anticipation of the merger going through. But on Friday, the shares lost almost 14%. Trump’s earlier foray into the stock market didn’t end well. Trump Hotels and Casino Resorts went public in 1995 under the symbol DJT — the same symbol Trump Media will trade under. By 2004, Trump’s casino company had filed for bankruptcy protection and was delisted from the New York Stock Exchange. Ahead of Friday’s approval, Digital World’s regulatory filings listed many of the risks its investors face, as well as those of the Truth Social owner once Trump Media also goes public. One risk, the company said, is that Trump would be entitled to vote in his own interest as a controlling stockholder — which may not always be in the interests of all shareholders. Digital World also cited the high rate of failure for new social media platforms, as well as Trump Media’s expectation that it would lose money on its operations “for the foreseeable future.” Trump Media lost $49 million in the first nine months of last year, when it brought in just $3.4 million in revenue and had to pay $37.7 million in interest expenses. DWA’s shareholders also voted Friday to approve a slate of seven people, including the former president’s son, Donald Trump Jr., to hold seats on Trump Media’s board. Among the others are former Republican Rep. Devin Nunes, who would also be the company’s CEO; Robert Lighthizer, who served as Trump’s U.S. trade representative; Linda McMahon, who ran the Small Business Administration under Trump; and, Kashyap “Kash” Patel, a White House national security aide during the Trump administration. Trump Media and Digital World first announced their merger plans back in October 2021. In addition to a federal probe, the deal faced a series of lawsuits leading up to Friday’s vote. Truth Social launched in February 2022, one year after Trump was banned from major social platforms including Facebook and Twitter, the platform now known as X, following the Jan. 6 insurrection at the U.S. Capitol. He’s since been reinstated to both, but has stuck with Truth Social as a megaphone for his message. Trump promoted Truth Social in a post on the social media network Thursday evening, saying: “TRUTH SOCIAL IS MY VOICE, AND THE REAL VOICE OF AMERICA!!! MAGA2024!!!” Trump Media hasn’t so far disclosed Truth Social’s user numbers. But research firm Similarweb estimates that it had roughly 5 million active mobile and web users in February. That’s far below TikTok’s more than 2 billion and Facebook’s 3 billion — but still higher than other “alt-tech” rivals like Parler, which has been offline for nearly a year but is planning a comeback, or Gettr, which had less than 2 million visitors in February. A plunge into the public market means Trump’s social media business will soon have to disclose more details. Private companies are accountable to their owners, while public ones are accountable to the shareholders who own the company’s stock. Once public, Trump Media will be required to report its quarterly finances as well as other material news to federal regulators. In this sense, Truth Social faces some of the same problems that X has been contending with — mainstream advertisers who don’t want to be associated with hate speech and other controversial content.