Technology@lemmy.worldEnglish · 4 days ago

Parent company of Truth Social reports $400M loss

www.ctvnews.ca

493

Parent company of Truth Social reports $400M loss

www.ctvnews.ca

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Technology@lemmy.worldEnglish · 4 days ago

Parent company of Trump’s Truth Social reports $400M loss

www.ctvnews.ca

The parent company of Truth Social, U.S. President Donald Trump’s social media platform, reported a net loss on Friday of more than US$400 million in the first quarter -- mostly from tumbling cryptocurrency valuations.

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4 days ago
Also to act as a vehicle for “investors” to funnel money to the president.

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