sanitation@lemmy.radio to

Technology@lemmy.worldEnglish · 1 day ago

Parent company of Truth Social reports $400M loss

cross-posted to:
politics@lemmy.world

480

Parent company of Truth Social reports $400M loss

sanitation@lemmy.radio to

Technology@lemmy.worldEnglish · 1 day ago

cross-posted to:
politics@lemmy.world

Parent company of Trump’s Truth Social reports $400M loss

The parent company of Truth Social, U.S. President Donald Trump’s social media platform, reported a net loss on Friday of more than US$400 million in the first quarter -- mostly from tumbling cryptocurrency valuations.

Chat

manxu@piefed.social
link
fedilink
English
arrow-up
6·
1 day ago
Absolutely. But the founders are heavyweights in the field and I had hope. I guess it’s cold fusion two, too good to be true 😭

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

4.06K users / day
9.69K users / week
15K users / month
30.5K users / 6 months
1 local subscriber
84.5K subscribers
5.69K Posts
180K Comments
Modlog