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Technology@lemmy.worldEnglish · 1 day 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 · 1 day 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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manxu@piefed.social
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22 hours ago
Absolutely. But the founders are heavyweights in the field and I had hope. I guess it’s cold fusion two, too good to be true 😭

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