Trump’s Truth Social media company posts $327m first-quarter loss

Comments

• AmbiguousProps@lemmy.today ⁨5⁩ ⁨months⁩ ago

  Trump Media and Technology Group, which owns Truth Social, says focus is ‘long-term product development’ rather than revenue

  Cope.

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• VubDapple@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Don’t they just host some open source software? What product development? Just another bunch of bullshit.

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• plinky@hexbear.net ⁨5⁩ ⁨months⁩ ago

  For the three-month period that ended 31 March, the company posted a loss of $327.6m, which it said included $311m in non-cash expenses related to its merger with a company called Digital World, which was essentially a pile of cash looking for a target to merge with.

  soviet-hmm guardian write your shit better jesus christ. What is digital world, is it a pile of cash? Are they 300000 T-bills in a trench coat?

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