{
  "id": 610160,
  "title": "Trump Media sells $100,000 Truth Social data access, drawing scrutiny",
  "url": "https://urgent.news/2026/08/11/trump-media-sells-100-000-truth-social-data-access-drawing-scrutiny",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-11T22:38:00.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/news/trump-media-truth-social-api-contracts/"
  },
  "original_language": "en",
  "account": "Trump Media & Technology Group is seeking to boost its growth by offering accelerated access to President Trump's Truth Social posts, potentially for $100,000 a month. According to CEO Kevin McGurn, the company has already secured contracts with over 10 exclusive clients, primarily high-frequency securities trading firms. These firms aim to gain a competitive advantage by potentially seeing President Trump's posts milliseconds before they become publicly available on Truth Social. Contracts for the new Truth API service generally fall between $60,000 and $100,000 per month. McGurn highlighted that the Truth API includes access to top accounts on the social media network, not just President Trump's. He also mentioned active negotiations with cloud computing firms, AI companies, and news organizations to expand the use of Truth API. The company plans to eventually market the data feed to regular investors as well. While the Truth API could provide traders and investors with a small yet significant edge in making investment decisions based on President Trump's posts, it has raised ethical concerns. Financial experts question whether investors should be able to pay a company partially owned by the president for faster access to his public statements. Senator Mark Warner, a Democrat, introduced a bill to prohibit social media companies from selling special access to government employees' accounts sharing market-moving information. Trump Media's shares declined almost 6% on Tuesday amid ongoing scrutiny over the Truth API and the company's struggles to establish a profitable business model since its founding in 2021.",
  "summary": "Customers are paying up to $100,000 a month for faster access to Truth Social posts from President Trump and other top users of the social media platform.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}