News Snapshot:
(Bloomberg) -- From a WeWork office in Miami, an obscure financier by the name of Patrick Orlando has become an unlikely power behind what is, for a meme-stock minute, the ultimate MAGA stock: the nascent media company of former President Donald J. Trump. Orlando’s firm is set to be the money behind Trump Media and Technology Group, the former president’s attempt to fight back against Big Tech. Trump says he plans to start with a social network called Truth Social but has broader ambitions to create a conglomerate -- with news, streaming and technology businesses to compete with CNN and...
