Report: Trump Media Pitches $100K Monthly Fee for Faster Access to President's Posts
The licensed feed will give financial firms and other enterprise customers real-time access to high-ranking Truth Social posts and include an archive dating to 2022.
- Trump Media & Technology Group launched Truth API on Thursday, offering financial firms 'licensed, real-time access' to posts from President Donald Trump and other top accounts, with the service available to enterprise customers starting in August.
- Trump's @realDonaldTrump account dominates Truth Social with 12.9 million followers, and he regularly posts official communications first on the platform, making it a must-follow for Wall Street firms tracking the presidency.
- The API delivers significantly faster data access than manual scraping and includes 24/7 coverage plus a post archive dating to 2022, targeting algorithmic trading firms where information delays carry financial costs, interim CEO Kevin McGurn said.
- Ethics attorney Virginia Canter with Democracy Defenders Fund called it 'a huge conflict of interest,' arguing Truth Social has 'become the de facto presidential press room,' while The White House declined comment and forwarded inquiries to the Trump Organization.
- With Trump Media shares down 84% since going public on Nasdaq under ticker DJT in March 2024, the Truth API represents a critical revenue stream for the struggling company amid broader market challenges.
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281 Articles
Instantly Viewing Donald Trump’s Social Media Posts Will Cost You $100,000
(Photo Credit: Kevin Dietsch/Staff via Getty Images) A price tag now hangs on early access to Donald Trump’s thoughts. For $100,000 a month, trading firms can receive the president’s opinions shared on Truth Social milliseconds before the general public sees them. This turns presidential commentary into a premium financial data feed. Truth Social to sell instant access to Donald Trump and other users’ posts Trump Media & Technology Group unveile…
Trump’s Scheme to Monetize Insider Trading on Truth Social is Getting Ripped By Republicans
America’s Grifter-In-Chief, Donald Trump, has an impressive ability to stay firmly focused on unique, albeit illegal, methods of enriching himself at all times. Some reports reveal that he has already earned billions in just his second occupation of the White House. Trump has proven that, no matter what other pressing issues might arise, he cannot be distracted from his prime directive of personal wealth creation. Click here to post this article…
Trump found the perfect crime
How much more blatant could Donald Trump’s abuse of office for self-interest be?Trump Media & Technology Group, parent company of the microblogging platform, announced this week it will sell a data feed to Wall Street companies who want just milliseconds of notice on Trump’s Truth Social posts that may affect the economy. For a fee, Trump Media will offer the “fastest” access to posts “from the highest-ranking Truth Social accounts.”Corporate tr…
Trump Media reportedly pitched traders a $100,000 feed of the president’s posts
Trump Media & Technology Group has reportedly been asking financial-trading firms for about $100,000 a month for the fastest possible feed of Donald Trump’s Truth Social posts, according to the Financial Times, a price tag that turns the president’s typing into a subscription product. The pitch, described to the paper by people familiar with the discussions, offers […] This story continues at The Next Web
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