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Trump Media cashes in on high-speed access to social media posts

Photo: Alex Wong

Trump Media and Technology Group on Monday reported that revenue surged 205% in the third quarter, which it says was “primarily driven” by selling a high-speed feed of posts on Truth Social.

The “Truth API,” as the company calls it, allows news organizations, Wall Street trading firms and other services to pay between $60,000 and $100,000 per month for a direct feed of posts on the social network. Critics have slammed the feed as an attempt to profit from President Donald Trump’s posts.

Trump, whose revocable trust is the largest single shareholder of Trump Media, is the most prominent user of Truth Social.

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