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3 mins read

How many users does Donald Trump's social media company have? He won't say.

Donald Trump's Truth Social released new financials, and they aren't good. They're also missing imp…

Peter Kafka   


Business Insider Latest Story Image
2 mins read

Trump Media's auditor charged with 'massive fraud' by SEC

The SEC said Trump Media's accounting firm, BF Borgers, committed fraud in more than 1,500 filings …

Geoff Weiss   


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1 min read

Trump Media is up 92% since launching a crusade against short sellers

Trump Media stock has nearly doubled since mid-April, when the company posted a message informing i…

Matthew Fox   


Business Insider Latest Story Image
2 mins read

Donald Trump's media company is suing 20 publications, alleging they falsely reported that Truth Social lost $73 million

Lawyers for Donald Trump's media company called the inaccurate reporting of Truth Social losses an …

Thibault Spirlet   


Business Insider Latest Story Image
2 mins read

Donald Trump's Truth Social loses tens of millions of dollars this year

The half-year net loss of almost $23 million and issues with a takeover deal raises doubts for the …

Polly Thompson   


Business Insider Latest Story Image
1 min read

Donald Trump once offered to sell Truth Social to Elon Musk, report says

The former president made the suggestion last summer, The Washington Post reported, and has continu…

Beatrice Nolan   


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2 mins read

Donald Trump is now richer than George Soros — and on track to overtake Mark Cuban

Donald Trump's net worth has jumped to more than $7 billion, per Bloomberg, thanks to his large sta…

Theron Mohamed   


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2 mins read

Trump wants to ditch his deal to post first on Truth Social and return to Twitter, report says

Trump is considering axing an exclusivity agreement with Truth Social to return to Twitter as the 2…

Mia Jankowicz   


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2 mins read

DWAC says a drop in Trump's popularity could hurt Truth Social, and will ask investors to vote on delaying the IPO

DWAC will hold a meeting to ask shareholders whether to extend a merger deadline with Trump Media &…

Carla Mozée   


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2 mins read

A former 'The Apprentice' contestant who first pitched Truth Social to Trump has left the company behind the app, report says

Andy Dean Litinsky pitched Truth Social to Donald Trump in January 2021 with fellow "The Apprentice…

Isobel Asher Hamilton   


Business Insider Latest Story Image
2 mins read

Trump's Truth Social struggled to hire tech workers because it wanted right-wing staffers and nobody wanted to take the jobs, report says

Trump Media and Technology Group screened workers for their political views and avoided left-wing j…

Isobel Asher Hamilton   


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2 mins read

Trump left Truth Social board not long before it got hit with an SEC subpoena, filing shows

The company behind Truth Social is in the process of being acquired by a SPAC and the merger is und…

Isobel Asher Hamilton,Tom Por…   


Business Insider Latest Story Image
2 mins read

Trump-linked SPAC falls as the company gives shareholders more time to vote on extending a merger deadline with Truth Social

Digital World Acquisition Corp. is giving shareholders two more days to vote on extending a merger …

Carla Mozée   


Katherine Tangalakis-Lippert   


Business Insider Latest Story Image
2 mins read

A pitch deck for Trump's new company claims he's going to build rivals to CNN, Disney Plus, and Netflix

A pitch deck for the Trump Media and Technology Group appears to show plans to build a media empire…

Cheryl Teh   


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2 mins read

A co-founder of the firm behind Truth Social says Trump retaliated against another exec who refused to gift some of his shares to Melania

Trump Media co-founder Andy Litinsky said Trump threatened to "blow up the company," according to a…

Kelsey Vlamis   


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2 mins read

The company buying Trump's Truth Social warned the deal could collapse because it's been subpoenaed by a federal grand jury

The proposed acquisition of Trump Media and Technology Group is already under investigation by the …

Isobel Asher Hamilton   


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2 mins read

Trump's digital media venture says it has lined up $1 billion from investors for his forthcoming social media platform, TRUTH Social

Trump said in a statement on Saturday that the investment will put his company "in a stronger posit…

Bethany Biron   


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2 mins read

Trump's Truth Social missed its projected November deadline to launch the official beta version of its app

Trump's media group announced in October that a beta version would be officially launched by end No…

Cheryl Teh   


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1 min read

Trump lashed out at the SEC for investigating his new social-media company, alleging the regulator is biased

Trump claimed to be the victim of a witch hunt and said that without his media company, the country…

Tom Porter