Parent company of Trump’s Truth Social site reports $400m loss this year
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Source: Al Jazeera
Published: 2026-05-10 03:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Family, Media, World News, US Politics, Technology
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Snippet:
The parent company of Donald Trump’s social media platform, Truth Social, has reported a loss of more than $400m in the first quarter of 2026, driven largely by the slumping value of cryptocurrency assets.
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