Kevin McGurn
Coverage of Kevin McGurn in the Nexus archive.
- What smart people are saying about Trump Media charging for early access to the president's Truth Social posts
Trump Media & Technology Group launched Truth API, a service offering early access to posts from Truth Social users including President Donald Trump. The service's pricing, potentially up to $100,000 monthly, has sparked debate among financial analysts, academics, and policymakers about its market impact and ethical implications.
- ‘Milliseconds matter in modern markets’: How Trump’s Truth API, and less frequent SEC filings, could create a ‘two-tiered market’
President Donald Trump’s Truth Social parent company announced a paid API offering faster access to market-moving posts, coinciding with the SEC’s consideration of less frequent company disclosures. Experts warn this could create a two-tiered market where privileged investors gain advantages over others, undermining fair access to information.
- Paying for early access to Trump's Truth Social could raise big money - and major ethical issues
Donald Trump's Truth Social platform plans to offer Wall Street traders early access to posts from high-ranking accounts, potentially including his own, to generate revenue. This service, called Truth PSI, could create ethical concerns as Trump's posts have previously caused significant market fluctuations.
- Trump media company replaces ex-congressman Nunes as CEO after stock plunge that wiped out billions
Trump Media & Technology, the company behind Truth Social, has replaced former Congressman Devin Nunes as CEO with digital media executive Kevin McGurn following a 67% stock plunge that erased $6 billion in investor value. The company, formed as a free-speech alternative to major social media platforms, has struggled to gain traction despite Trump's active use and expanded into cryptocurrency and prediction markets under the Trump administration's regulatory support.