The Daily Beast
US · 16 mins ago
Trump’s Truth Social Plunges Into Humiliating Loss
Daniel Heuer/REUTERS
President Donald Trump’s carefully cultivated image as a master businessman has taken another hit after his media company revealed nine-figure losses.
Trump Media & Technology, the parent company of Truth Social, reported a $238 million loss for the three months through June, more than 10 times the loss from a year earlier, according to the Associated Press.
The abysmal earnings report comes after it emerged that Truth Social has experienced a dramatic drop in daily active…
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