Trump is selling high-speed access to his market-moving Truth Social posts
Jess Weatherbed is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.
Trump Media, the company behind Truth Social, is selling Wall Street faster access to the “most market-moving” posts on the US President’s social media platform. On Thursday, Trump Media announced plans to launch “Truth API,” a licensed real time data feed for businesses that provides “the fastest access to Truth Social’s most influential accounts.” It goes live on August 1st.
Similar APIs are common across other social media networks, but those aren’t as fraught with conflicts of interest. While Trump Media hasn’t disclosed how much the API service will cost, it stands to benefit the Trump family, with them being the largest shareholder in the publicly traded company.
In a statement, interim Trump Media CEO Kevin McGurn said that “markets already move on Truth Social...
Copyright of this story solely belongs to theverge.com. To see the full text click HERE