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The Piney Point

Trump media company announces a massive loss and new turnaround effort

Trump media company announces a massive loss and new turnaround effort
Photo: KPRC 2 / Click2Houston (NBC) · view original

The president's media company posted a massive loss in the second quarter and announced plans to ditch new business lines and refocus as a forum for users to post their views. Trump Media & Technology, the company behind the Truth Social platform, said Monday that it lost $238 million in the thre...

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