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Technology@lemmy.worldEnglish · 8 days ago

Parent company of Truth Social reports $400M loss

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politics@lemmy.world

491

Parent company of Truth Social reports $400M loss

sanitation@lemmy.radio to

Technology@lemmy.worldEnglish · 8 days ago

cross-posted to:
politics@lemmy.world

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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Spice Hoarder@lemmy.zip
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7 days ago
Social media sites are kinda like casinos, the house always wins. But somehow Trump still managed to find a way to make it unprofitable.
- xthexder@l.sw0.com
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  7 days ago
  Just like his actual Casino! Who could have predicted this?
  - Magnum, P.I.@infosec.pub
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    7 days ago
    He got tired from all the winning

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