Trump Media reports first sales for early access to president's posts
WASHINGTON — The parent company of U.S. President Donald Trump's Truth Social platform said Tuesday it has signed up clients willing to pay for early access to Trump's posts. It delivered the news while reporting a tenfold increase in second-quarter losses. Trump set up Truth Social in 2022 after being banned from Twitter — later renamed X — and now uses it as his go-to platform for major…
The parent company of President Donald Trump's Truth Social platform reported Tuesday that it has secured clients willing to pay for early access to the president's posts. This announcement came alongside a disclosure of a tenfold increase in second-quarter losses. Trump established Truth Social in 2022 following his ban from Twitter and now utilizes it as his primary platform for significant announcements.
Trump Media & Technology Group revealed on the previous month that customers have the option to pay for early access to the president's potentially influential social media posts, a service called Truth API. Interim CEO Kevin McGurn declared in a press release that the new Truth API product has already started generating revenue, with more than ten customer agreements secured to date; however, the CEO did not specify the names of these clients.
The company added that Truth API has attracted several institutional customers since its launch on August 1 and continues to attract more despite factually inaccurate criticisms.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
