President Donald Trump's social network, Truth Social, is on life support. Shares of the company that runs it, Trump Media and Technology Group (TMTG), hit a record low this week. Despite an initial surge of enthusiasm after its launch, the company has incurred massive losses, with the company showing increasingly blaring warning signs since Trump took office again in January.
Donald Trump promoted the false claim that Barack Obama has earned $40m in royalties linked to Obamacare in a post to his 11 million followers on Truth Social on Sunday. The fictional claim that the former US president receives royalty payments for the use of his name to refer to the Affordable Care Act, which he signed into law in 2010.
Just over an hour later, Trump published a Truth Social post announcing that Israel and Hamas have both signed off on the first Phase of our Peace Plan. This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace. All Parties will be treated fairly! he wrote.
Over the weekend, Donald Trump's Truth Social account posted an AI-generated video purporting to be a Fox News report promoting "medbeds." Unless you spend a lot of time hanging out on far-right conspiracy forums (and in that case, get help), you might not be familiar with these supposed magical beds that can reverse age, cure disease, seal wounds, and regenerate limbs.
As such, Trump Media has expanded its offerings in the hopes of attracting more customers, including a new artificial intelligence search tool, in partnership with Perplexity, that frequently contradicts many of Trump's own statements. But the most peculiar of these bonus features may be Truth+, an entire streaming service available, mostly, for free. Of all the cash-intensive goodies now made available to Trump's most die-hard stans, the Truth+ streamer is the most elaborate and overlooked.
Truth Search AI, a new platform-based answer bot built on Perplexity Sonar API, was launched by Trump Media and Technology Group to "increase the amount of information" available to users and offer "direct, contextually accurate answers with transparent citations." Despite the commitment to a broader information environment, Perplexity representatives explained the search tool's sources could be customized by its overseers (known as source selection). In early tests by Axios, Truth Search AI's answers appeared to be limited to sourcing from traditionally conservative outlets,
On Tuesday, Crypto.com and Trump Media & Technology Group, owner of President Donald Trump's Truth Social social media network, announced their intention "to launch a rewards system on the Truth Social and Truth+ platforms"-using Crypto.com's digital wallet and Cronos (CRO) digital currency as a utility token. The move marks yet another example of the president's ties to the crypto industry, as Trump has created a crypto-friendly regulatory environment during his second term.
Trump said MSNBC sought the rebrand TO GET AWAY FROM THE STENCH OF THEIR FAKE NEWS PRODUCT. He also blasted Comcast CEO Brian Roberts and said the parent company is HOPELESSLY AND AIMLESSLY FLAILING IN THE WIND. SO MUCH FUN TO WATCH THEIR WEAK AND INEFFECTIVE OWNER, CONCAST, HEADED BY DOPEY BRIAN ROBERTS, HOPELESSLY AND AIMLESSLY FLAILING IN THE WIND IN AN ATTEMPT TO DISASSOCIATE ITSELF FROM THE GARBAGE THAT THEY CREATED!
On March 27, Sergio Gor, the Director of the White House Presidential Personnel Office, sold between $15,000 and $50,000 in Truth Social stock, not originally disclosed.
