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US-Regierung: Trump-Medienunternehmen meldet massiven Verlust

Trump Media & Technology erwirtschaftet im zweiten Quartal starke Verluste. Der neue Vorstandschef kündigt jetzt eine Neuausrichtung des Unternehmens an.

US-Regierung: Trump-Medienunternehmen meldet massiven Verlust

The media company owned by former US President Donald Trump reported a significant loss in the second quarter and announced plans for a strategic realignment. Trump Media & Technology disclosed on Monday a loss of $238 million over the three months ending June, which is more than ten times the amount of the previous year. The new CEO, Kevin McGurn, stated that new business areas would largely be abandoned, and the Truth Social platform would be given more focus.

Trump Media will concentrate more on social media and abandon business areas such as online gambling and cryptocurrencies, McGurn said. However, an already planned business deal with the energy company TAE Technology will continue. A key part of the new strategy is the Truth API service, which sells early access to content on Truth Social to trading firms.

According to McGurn, ten customers, mostly high-frequency traders, have already subscribed to the service, which costs between $60,000 and $100,000 per month.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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