A federal judge restricted Biden administration officials and agencies from communicating with social media companies on content moderation in a preliminary injunction Tuesday.
Why it matters: The decision in an ongoing lawsuit from Republican attorneys general in Louisiana and Missouri, who allege the Biden administration's efforts to encourage social media companies to crack down on COVID disinformation and other matters is "sprawling federal 'Censorship Enterprise,'" could have major First Amendment implications.
Digital World Acquisition Corp., the special purpose acquisition company that inked a deal to acquire former President Trump's media and tech company, said on Monday that it has struck a tentative settlement with securities regulators.
Why it matters: The SEC's probe into the merger, which would result in Trump's Truth Social becoming a publicly traded company, has delayed the deal considerably. It has until Sept. 8 to close, or the parties can walk away.
