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Friday 21 August
🌐 World · English
Current: 🌐 World · English
Global
Focused
Language

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

United States
The brief

Donald Trump’s social media company posted steeper losses as it careened from a big cryptocurrency bet into a controversial new line of business selling faster access to market-moving posts from the US president. Key points and original sources are listed below.

  • Donald Trump’s social media company posted steeper losses as it careened from a big cryptocurrency bet into a controversial new line of business selling faster access to market-moving posts from the US president.S1S2
Timeline · newest first
1w BBC

Trump Media reports $238m loss as crypto falls

The firm says it will refocus on its social media mission, which includes a controversial service that sells faster access to Trump's market-moving posts.

1w The Guardian

Trump’s media company, which also owns Truth Social, reports $238m loss

Company also announced a paid service for early access to president’s posts on policies to the social media siteDonald Trump’s media company – which owns the Truth Social platform…

1w Business

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

Donald Trump’s social media company posted steeper losses as it careened from a big cryptocurrency bet into a controversial new line of business selling faster access to market-mov…

1w Bloomberg

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

Donald Trump’s social media company posted steeper losses as it careened from a big cryptocurrency bet into a controversial new line of business selling faster access to market-mov…

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

4 outlets 4 reports
The brief

Donald Trump’s social media company posted steeper losses as it careened from a big cryptocurrency bet into a controversial new line of business selling faster access to market-moving posts from the US president. Key points and original sources are listed below.

  • Donald Trump’s social media company posted steeper losses as it careened from a big cryptocurrency bet into a controversial new line of business selling faster access to market-moving posts from the US president.S1S2
Timeline · newest first

Sources · 2 citations

S1 Business 1 report · EN
S2 BloombergLead 1 report · EN
The Guardian 1 report · EN
BBC 1 report · EN