Donald Trump’s social media company has started selling VIP access to his posts despite claims the service amounts to a “shocking abuse” of power.
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Trump regularly uses Truth Social to announce market-moving news.
Customers will receive posts from Truth Social’s “most influential accounts” in milliseconds through a service aimed at financial institutions and professional traders. The feed could include Donald Trump’s market-moving posts, although the company has not confirmed which accounts will be covered.View on euronews
By Deborah Mary Sophia and Saqib Iqbal Ahmed July 16 (Reuters) - Trump Media & Technology Group has unveiled a paid-for, licensed data feed that will give banks and trading firms "the fastest" access
Truth Social will sell Wall Street firms quicker access to market-moving posts from President Donald Trump, the company said on Thursday.
President Trump broke with tradition by posting near-constant policy decisions and market-moving news on his social-media platform. Now his media company wants traders and investors to pay for instant access to his Truth Social posts, the latest example of the first family mixing its business interests and White House affairs. Trump Media & Technology Group said Thursday it plans to launch a data feed that gives real-time access to posts from the highest-ranking accounts on its Truth Social platform.
By way of Trump’s revocable trust, Trump holds roughly 42% of DJT, the company looking to turn his market-moving posts into a whole new revenue stream.
Transportation stocks offered a rare bright spot in an otherwise bleeding market today. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, was up about 1.
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Trump Media & Technology Group (NASDAQ: $DJT) has moved to sell 2,650 Bitcoin (CRYPTO: $BTC) worth $205 million...
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