As Trump Media scraps some businesses, it’s doubling down on Truth Social and the president
- Truth Social is continuing to decline in popularity, with little interest in paying $100,000 for early access to Trump's tweets.
- The platform offering these news stories remains paywall-free and supported by readers instead of billionaires or corporations.
- Daily Kos interviewed Nithya Raman, who is running for Los Angeles mayor and denies being a 'champagne socialist'.
14 Articles
14 Articles
Donald Trump could no longer hold on to himself. Late that night, the US president fired an angry tirade against a think tank on his platform Truth Social, which had attested him a billion-dollar flop.
Trump Media, Donald Trump’s communications company, lost $238 million and its shares plummeted in an unfavourable scenario. According to media, the situation even caused Trump Media to go into other lines of business outside the communications, but with few results. Now, Trump Media has returned to its original setting and will seek to monetize Donald Trump’s publications, as a prepaid service system to access before anyone else’s statements.
Truth Social Bets Future On Selling Trump’s Posts
The Associated Press reports: The president’s media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked. Now it’s getting back to its roots. In a conference call with investors Monday, the company behind Truth Social said it will be unwinding much of its expansion and doubling down on its original media business by selling a form of White House access, a move that has raised big ethical ques…
As Trump Media Scraps Some Businesses, It's Doubling Down on Truth Social
The president's media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked. Now it's getting back to its roots. In a conference call with investors Monday, the company behind Truth Social said it will be unwinding much of its expansion and doubling down on its original media business by selling a form of White House access, a move that has raised big ethical questions among Democrats and gove…
The Seattle Times
As Trump Media scraps some businesses, it’s doubling down on Truth Social and the president
The president's social media company is going back to its roots.
Coverage Details
Bias Distribution
- 55% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
