The Latest Breaking News from TMTG

Former President Donald Trump's legal troubles could potential hurt his profits on his company and platform.

Donald Trump’s social media platform Truth Social has lost $31.6 million from its launch in early 2022 to mid-2023, a new securities filing has revealed.

Trump's social media platform is struggling, SEC filing shows

Platform posted loss of $50m in 2022, with net sales of just $1.4m, and lost $23m in first half of this year, with net sales of $2.3m

Filing reveals Truth Social’s parent company lost over $22m in first half of 2023

The SEC had already announced a $18m settlement

He has a financial incentive to keep the rage flowing on Truth Social, but the election is calling.

Shares of special purpose acquisition company Digital World (DWAC) have plummeted more than 70% over the past year. The stock has been on a downtrend since news of the merger with Donald Trump’s media company broke in 2021, with federal investigations delaying the deal’s closing. So, following Trump’s recent indictment,…

This is Nunes' latest libel lawsuit, just filed yesterday in Florida state court; I'm too slammed to write about it in detail, but I thought I'd pass along the Complaint (Nunes v. Guardian News & Media Ltd.). Here's the start of the Statement of Material Facts: 11. On March 15,…

Multiple federal regulators have probed social media firm

Wall Street Journal Rupert Murdoch Explores News Corp and Fox Corp Consolidation