Trump Media Losses Hit $238 Million as Firm Pivots to Fast Feeds


The results accelerate a long-running financial slide for Trump Media, which has failed to turn a profit despite a raft of new ventures, including a plan to stockpile digital assets and acquire an experimental clean-energy company. Last month, the company announced it would sell faster access to Trump’s market-moving Truth Social posts — a move that drew blowback from Democrats and even rankled some free-market fundamentalists on Wall Street. The product, called Truth API, costs $60,000 to $100,000 a month. 



Source link

  • Related Posts

    US officials work to close supply chain gaps as foreign investment grows

    By Andrea Shalal PHILADELPHIA, Aug 10 (Reuters) – U.S. officials on Monday said they are working closely with foreign investors to identify gaps in the U.S. manufacturing supply chain and…

    Trump responds to Iran’s new demands

    IE 11 is not supported. For an optimal experience visit our site on another browser. Beloved bald eagle Jackie dies after weeks of intensive care 01:26 Family’s sweet birthday tradition…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Soldiers take cover as Colombia quake flattens military barracks | Earthquakes

    Soldiers take cover as Colombia quake flattens military barracks | Earthquakes

    Former Air Force Secretary says he’ll sue Trump administration to restore his security clearance

    Former Air Force Secretary says he’ll sue Trump administration to restore his security clearance

    US officials work to close supply chain gaps as foreign investment grows

    US officials work to close supply chain gaps as foreign investment grows

    ‘I’m living my dreams’: Iranian woman in St. John’s finds freedom in running

    ‘I’m living my dreams’: Iranian woman in St. John’s finds freedom in running

    Why Each Octopus Arm Has a Mind of Its Own

    Why Each Octopus Arm Has a Mind of Its Own

    Air India Flights Surge 44% On Major Australian Route: New Record Set

    Air India Flights Surge 44% On Major Australian Route: New Record Set