Thanks baker,
Fleeing prolonged media crackdown, Ethiopian journalists struggle in exile
When Belete Kassa’s friend and news show co-host Belaye Manaye was arrested in November 2023 and taken to the remote Awash Arba military camp known as the “Guantanamo of the desert,” Belete feared that he might be next.
The two men co-founded the YouTube-based channel Ethio News in 2020, which had reported extensively on a conflict that broke out between federal forces and the Fano militia in the populous Amhara region in April 2023, a risky move in a country with a history of stifling independent reporting.
Belay was swept up in a crackdown against the press after the government declared a state of emergency in August 2023 in response to the conflict.
After months in hiding, Belete decided to flee when he heard from a relative that the government had issued a warrant for his arrest. CPJ was unable to confirm whether such an order was issued.
https://cpj.org/2024/06/fleeing-prolonged-media-crackdown-ethiopian-journalists-struggle-in-exile/
Trump Media & Technology Group Corp. Announces SEC Effectiveness of Amended Form S-1
(NASDAQ: DJT) (“TMTG” or the “Company”)—operator of the Truth Social platform, yet another of President Donald J. Trump’s iconic American brands—today announced that on June 18, 2024 the Securities and Exchange Commission (“SEC”) has declared effective the Company’s registration statement on Form S-1, related to the resale by certain selling securityholders of certain shares and warrants issued by and issuable from the Company (“Registration Statement,” File No. 333-278678).
The Registration Statement, while effective, allows the covered selling securityholders to publicly resell the securities covered by the Registration Statement, subject to the satisfaction by selling securityholders of the prospectus delivery requirements of the Securities Act of 1933, as amended, in connection with any such resale. In addition, TMTG’s warrants covered by the Registration Statement have now become eligible for cash exercise. If all warrants covered by the Registration Statement are exercised for cash, TMTG may receive up to an aggregate of approximately $247 million in proceeds. Additionally, $40 million of restricted cash on the Company’s balance sheet will become unrestricted as a result of the Registration Statement becoming effective. These funds would supplement the more than $200 million in unrestricted cash the Company now retains.
https://www.globenewswire.com/news-release/2024/06/18/2900824/0/en/Trump-Media-Technology-Group-Corp-Announces-SEC-Effectiveness-of-Amended-Form-S-1.html