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Trump Media and Technology Group, Truth Social's Parent Company, Lost Over $300 Million Last Quarter, First Earning Report Reveals

Trump Media and Technology Group, Truth Social's Parent Company, Lost Over $300 Million, First Earning Report Reveals

In its first quarter since going public, Trump Media & Technology Group, the company that owns Truth Social, reported a concerning loss and revenue of less than $1 million.


Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete

Elon Musk has completed the rebranding of Twitter, the social media platform he owns, as its website name or URL officially changes to X.com.

Elon Musk Revives Challenge to Mark Zuckerberg for Physical Fight a Day After the Meta CEO's 40th Birthday

Elon Musk has revived his challenge to Mark Zuckerberg for a physical fight a day after the Meta CEO's 40th birthday.

Facebook, Instagram Face EU Probe Over Suspicions of Failing to Impose Child Protection Policies

The European Union is investigating Facebook and Instagram under concerns of insufficient child protection measures, with Meta facing scrutiny regarding compliance with digital regulations, particularly focusing on age verification tools and privacy safeguards for minors.


Latest News

Donald Trump's Truth Social Site Traffic Increases 55%, Stock Skyrockets at 138%
Financial markets have focused on Trump Media & Technology Group, the parent company of Truth Social, and its spectacular stock rise, reflecting investor mood and political dynamics.
Elon Musk Slams Mark Zuckerberg's Meta for Engaging in 'Super Greedy' Advertising Practices
Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform.
COMBO-EU-US-DISINFORMATION-ISRAEL-PALESTINIAN-CONFLICT
A lawsuit filed by Elon Musk's X against Israel's Bright Data has been dismissed by a federal judge in California.
Donald Trump Net Worth Reaches an All-Time High After Truth Social Stock Jumps Over 10%
Shares of Trump Media soared over 10% on Monday, reaching levels not seen since late March and boosting the net worth of former President Donald Trump to an all-time high.
Meta Expands Offerings for AI Image Generation for Ads
Meta, the parent company of Facebook and Instagram, revealed on Tuesday its plan to broaden its generative AI advertising tools offerings.
Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network
Twitter founder Jack Dorsey has left the board of Bluesky, the decentralized social media platform he co-founded.
Elon Musk’s xAI Plans to Build 'World's Largest' Supercomputer in Memphis
Elon Musk has unveiled his plan to summarize news events on his social media platform X using xAI's chatbot, Grok.
CHUTTERSNAP on Unsplash
From the outside looking in, prediction markets can be viewed as novel financial entities that employ the idea of collective intelligence to forecast future events. This direction has also been able to garner the backing of notable crypto figures, including Ethereum co-founder Vitalik Buterin. By aggregating diverse opinions on probable outcomes, these markets offer insights far beyond conventional polling or prediction methods, making them a critical tool for decision-making in finance, politics, and beyond.
Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media
Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group.
Amazon's Twitch Starts Rolling Out TikTok-Like Scrollable Discovery Feed for Live Streams
The streaming network announced the release of its Discovery Feed, an infinitely scrolling collection of live streams and clips available on the Twitch mobile app.
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