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On the cusp of a financial crisis, Donald Trump got help from an unlikely source: His struggling social media platform. Investors approved a plan on Friday to take Truth Social public, increasing ...
Truth Social’s parent company lost almost $23m (£18.7m) in the first half of this year alone, according to a new securities filing that raises concerns about its “ability to continue”.
Trump’s Truth Social warns company may be forced to shut down amid huge losses. Donald Trump’s social media app Truth Social’s logo on a smartphone in February 2022 (AFP via Getty Images ...
Trump Media & Technology Group suffered a net loss of $31.6m between the organisation’s founding in February 2021 and 30 June 2023, SEC filing states Trump’s Truth Social sues 20 media outlets ...
Donald Trump's first day back on the public markets was a wild ride. Shares of Trump Media & Technology Group ( DJT ), the parent company of Trump's social media platform Truth Social, rose 16% on ...
Trump Media and Digital World first announced their merger plans in October 2021. In addition to a federal probe, the deal has faced a series of lawsuits leading up to Friday's vote. Truth Social ...
March 22, 2024 at 10:38 AM. SAN FRANCISCO (AP) — Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as ...
The parent company of Trump’s social media platform, Truth Social, trades under the ticker symbol DJT (also the former president's initials); Wall Street gives it a market valuation of nearly $8 ...