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The Nexus
BUSINESSAug 11 · 04:01 UTCWPLG LOCAL 10 MIAMIBy BERNARD CONDON, Associated Press

As Trump Media scraps some businesses, it's doubling down on Truth Social and the president

After attempting several unrelated businesses, Trump Media & Technology plans to pivot back to its core media business by offering a specialized service that grants fast access to President Trump's posts for a fee. This strategy is critical because the parent company has reported losing over $1 billion since the start of last year and recently showed significant losses in its earnings report.

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