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Technology@lemmy.worldEnglish · 3 days ago

Parent company of Truth Social reports $400M loss

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Parent company of Truth Social reports $400M loss

sanitation@lemmy.radio to

Technology@lemmy.worldEnglish · 3 days ago

cross-posted to:
[email protected]

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

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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2 days ago
Whatever’s happening here isn’t actual loss. It’s surely, 100% some kind of grift.

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