Trump's Media Company Reports $238 Million Loss, Shifts Focus Back to Social Media

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Technology

11 August 2026 at 8:12 am

Trump's Media Company Reports $238 Million Loss, Shifts Focus Back to Social Media

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Summary

Donald Trump's media company, which owns Truth Social, reported a $238 million loss in the second quarter after venturing into new areas like crypto, and plans to refocus on social media.

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