Times of India
AsiaPac · 16 mins ago
'People will pay': Trump Media pitches $100,000 monthly fee for faster Truth Social posts
.Donald Trump's social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the US president's posts on his Truth Social platform, according to a report by the Financial Times.Trump Media & Technology Group has allegedly quoted the six-figure monthly sum in talks with prospective buyers of the "Truth API" data service.Proprietary trading firms and hedge funds pay huge amounts for ultrafast data feeds because every millisecond counts when reacting to market-moving news. Trump often makes major announcements on Truth Social that trigger huge fluctuations across global markets."People will pay because they have to," an executive at a hedge fund told the FT. "If you're behind on that news, you'll get crushed."Trump's posts move marketsJust
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