{"id":383,"date":"2026-05-09T20:52:21","date_gmt":"2026-05-09T20:52:21","guid":{"rendered":"https:\/\/dailypakistannews.com\/?p=383"},"modified":"2026-05-09T20:52:21","modified_gmt":"2026-05-09T20:52:21","slug":"trump-media-and-technology-group-lost-406m-in-first-three-months-of-2026","status":"publish","type":"post","link":"https:\/\/dailypakistannews.com\/?p=383","title":{"rendered":"Trump Media and Technology Group lost $406m in first three months of 2026"},"content":{"rendered":"<p>Parent company of president\u2019s Truth Social platform generated only $870,000 even as net sales were up 6%<\/p>\n<p>The parent company of <a href=\"https:\/\/www.theguardian.com\/us-news\/donaldtrump\">Donald Trump<\/a>\u2019s Truth Social platform \u2013 one of the president\u2019s preferred communications channels \u2013 lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.<\/p>\n<p>The <a href=\"https:\/\/www.9news.com.au\/world\/truth-social-donald-trump-devin-nunes-massive-losses-bitcoin-investment-usa-news\/57ce532d-4fda-4354-b3db-9673a1ead2bc\" title=\"Trump Media and Technology Group\">Trump Media and Technology Group<\/a>\u2019s quarterly report for January to March 2026 showed that while net sales were up 6% year over year, the company took sizable losses related to other investments.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/09\/trump-media-and-technology-group-loses-406m-first-quarter-2026\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Parent company of president\u2019s Truth Social platform generated only $870,000 even as net sales were up 6% The parent company of Donald Trump\u2019s Truth Social platform \u2013 one of the president\u2019s preferred communications channels \u2013 lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=383"}],"version-history":[{"count":0,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/media\/384"}],"wp:attachment":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}